Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Update

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 12,321 shares, a decrease of 45.2% from the July 30th total of 22,477 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 93,502 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HESAY shares. HSBC lowered shares of Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded shares of Hermes International from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Finally, Royal Bank Of Canada lowered shares of Hermes International from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Hermes International Stock Down 1.1%

Shares of HESAY stock traded down $2.12 during mid-day trading on Monday, hitting $182.88. 28,144 shares of the stock traded hands, compared to its average volume of 88,941. Hermes International has a twelve month low of $166.77 and a twelve month high of $288.15. The company’s 50-day simple moving average is $184.92 and its 200-day simple moving average is $197.87. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11.

Hermes International Company Profile

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.