Hermès International Société en commandite par actions (OTCMKTS:HESAY) Sees Significant Drop in Short Interest

Hermès International Société en commandite par actions (OTCMKTS:HESAYGet Rating) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 3,700 shares, a decrease of 65.1% from the April 30th total of 10,600 shares. Based on an average daily volume of 100,000 shares, the days-to-cover ratio is currently 0.0 days.

HESAY stock traded up $5.26 on Friday, reaching $117.36. The company’s stock had a trading volume of 42,716 shares, compared to its average volume of 39,215. Hermès International Société en commandite par actions has a 52 week low of $104.15 and a 52 week high of $190.43. The firm has a fifty day moving average of $126.59 and a two-hundred day moving average of $147.18.

The firm also recently disclosed a dividend, which was paid on Wednesday, May 11th. Investors of record on Tuesday, April 26th were issued a $0.4578 dividend. This represents a yield of 0.47%. This is a positive change from Hermès International Société en commandite par actions’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, April 25th.

HESAY has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price target on Hermès International Société en commandite par actions from €1,150.00 ($1,223.40) to €1,205.00 ($1,281.91) and gave the stock a “neutral” rating in a research report on Tuesday, April 19th. Societe Generale increased their price target on Hermès International Société en commandite par actions from €1,510.00 ($1,606.38) to €1,624.00 ($1,727.66) in a research report on Wednesday, April 20th. UBS Group increased their price target on Hermès International Société en commandite par actions from €1,312.00 ($1,395.74) to €1,324.00 ($1,408.51) in a research report on Tuesday, April 5th. Barclays increased their price target on Hermès International Société en commandite par actions from €1,290.00 ($1,372.34) to €1,340.00 ($1,425.53) and gave the stock an “equal weight” rating in a research report on Tuesday, May 3rd. Finally, Bryan, Garnier & Co upgraded Hermès International Société en commandite par actions from a “neutral” rating to a “buy” rating in a research report on Friday, March 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Hermès International Société en commandite par actions presently has an average rating of “Hold” and a consensus price target of $1,178.14.

Hermès International Société en commandite par actions Company Profile (Get Rating)

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.

Featured Articles

Receive News & Ratings for Hermès International Société en commandite par actions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hermès International Société en commandite par actions and related companies with MarketBeat.com's FREE daily email newsletter.