B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,284 shares, an increase of 2,101.8% from the June 15th total of 785 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 30,021 shares, the short-interest ratio is currently 0.6 days.

B.O.S. Better Online Solutions Stock Performance

NASDAQ BOSC traded down $0.09 on Friday, hitting $4.24. 40,399 shares of the company’s stock traded hands, compared to its average volume of 28,358. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72. The firm’s 50-day moving average price is $4.41 and its two-hundred day moving average price is $4.65. The firm has a market capitalization of $29.89 million, a PE ratio of 9.42 and a beta of 1.08.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings downgraded shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 2nd. Wall Street Zen lowered B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Finally, Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $8.00.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

Several hedge funds have recently modified their holdings of the company. Evernest Financial Advisors LLC increased its stake in shares of B.O.S. Better Online Solutions by 604.3% in the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock valued at $1,591,000 after purchasing an additional 278,000 shares in the last quarter. Militia Capital Partners LP acquired a new position in B.O.S. Better Online Solutions in the 2nd quarter worth about $619,000. Militia Capital Management LLC purchased a new position in B.O.S. Better Online Solutions during the first quarter worth approximately $524,000. Renaissance Technologies LLC boosted its position in B.O.S. Better Online Solutions by 13.7% during the fourth quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock worth $1,080,000 after purchasing an additional 28,540 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in B.O.S. Better Online Solutions by 134.7% in the third quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after purchasing an additional 31,887 shares during the period. 15.06% of the stock is owned by hedge funds and other institutional investors.

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.