Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Sees Significant Growth in Short Interest

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 20,706 shares, a growth of 142.1% from the May 31st total of 8,552 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 193,171 shares, the short-interest ratio is currently 0.1 days.

Hermes International Trading Down 1.3%

OTCMKTS:HESAY traded down $2.45 on Tuesday, hitting $182.87. The stock had a trading volume of 56,592 shares, compared to its average volume of 93,355. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. Hermes International has a 1 year low of $180.00 and a 1 year high of $289.87. The firm’s fifty day simple moving average is $190.41 and its two-hundred day simple moving average is $217.69.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HESAY. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Finally, Zacks Research lowered Hermes International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.