B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Down 59.8% in August

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 6,623 shares, a decrease of 59.8% from the July 30th total of 16,480 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 33,215 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BOSC. Bank of America Corp DE acquired a new position in B.O.S. Better Online Solutions during the third quarter worth about $39,000. Royal Bank of Canada bought a new position in shares of B.O.S. Better Online Solutions in the fourth quarter valued at $49,000. HRT Financial LP acquired a new stake in shares of B.O.S. Better Online Solutions during the 4th quarter valued at $51,000. XTX Topco Ltd grew its holdings in shares of B.O.S. Better Online Solutions by 42.0% in 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 last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of B.O.S. Better Online Solutions during the fourth quarter worth $125,000. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Stock Performance

Shares of BOSC traded down $0.05 during trading hours on Friday, reaching $4.63. 22,617 shares of the company’s stock traded hands, compared to its average volume of 45,723. The firm has a market capitalization of $32.64 million, a price-to-earnings ratio of 8.90 and a beta of 1.08. The business’s fifty day simple moving average is $4.44 and its two-hundred day simple moving average is $4.57. B.O.S. Better Online Solutions has a twelve month low of $3.80 and a twelve month high of $6.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.73 and a quick ratio of 2.18.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Thursday, August 20th. The communications equipment provider reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. B.O.S. Better Online Solutions had a net margin of 7.22% and a return on equity of 12.69%. The firm had revenue of $14.85 million for the quarter, compared to analysts’ expectations of $12.97 million.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Wall Street Zen cut B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings cut shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, B.O.S. Better Online Solutions has an average rating of “Moderate Buy” and a consensus price target of $8.00.

About B.O.S. Better Online Solutions

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.