Short Interest in B.O.S. Better Online Solutions (NASDAQ:BOSC) Grows By 202.3%

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 7,082 shares, a growth of 202.3% from the May 14th total of 2,343 shares. Based on an average trading volume of 103,462 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings raised B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wall Street Zen downgraded shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Alliance Global Partners initiated coverage on B.O.S. Better Online Solutions in a report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $8.00.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC stock opened at $4.23 on Friday. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72. The stock’s 50-day moving average is $4.53 and its 200 day moving average is $4.67. The company has a market cap of $29.82 million, a P/E ratio of 9.40 and a beta of 1.10. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.84 and a quick ratio of 2.29.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last announced its earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $11.39 million for the quarter. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.

Institutional Trading of B.O.S. Better Online Solutions

Large investors have recently bought and sold shares of the stock. XTX Topco Ltd lifted its position in B.O.S. Better Online Solutions by 42.0% during the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after acquiring an additional 6,334 shares during the period. Renaissance Technologies LLC lifted its position in B.O.S. Better Online Solutions by 2.7% during the 1st quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock worth $1,092,000 after acquiring an additional 6,404 shares during the period. Bank of America Corp DE acquired a new stake in B.O.S. Better Online Solutions during the 3rd quarter worth about $39,000. Royal Bank of Canada acquired a new stake in B.O.S. Better Online Solutions during the 4th quarter worth about $49,000. Finally, HRT Financial LP acquired a new stake in B.O.S. Better Online Solutions during the 4th quarter worth about $51,000. Hedge funds and other institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.