B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Sees Large Drop in Short Interest

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC – Get Rating) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totalling 1,100 shares, a drop of 84.3% from the April 30th total of 7,000 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. UBS Group AG increased its holdings in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC – Get Rating) by 22,141.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,233 shares of the communications equipment provider’s stock after buying an additional 12,178 shares during the period. UBS Group AG owned about 0.24% of B.O.S. Better Online Solutions worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 15.63% of the stock is currently owned by hedge funds and other institutional investors.

B.O.S. Better Online Solutions Price Performance

Shares of NASDAQ:BOSC traded down $0.10 during midday trading on Friday, reaching $2.57. 8,503 shares of the company’s stock traded hands, compared to its average volume of 10,230. B.O.S. Better Online Solutions has a 1 year low of $1.85 and a 1 year high of $2.97. The company has a market cap of $14.65 million, a P/E ratio of 11.17 and a beta of 0.82. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.84. The company has a fifty day simple moving average of $2.61 and a two-hundred day simple moving average of $2.39.

B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Rating) last announced its earnings results on Wednesday, March 29th. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 8.09% and a net margin of 3.08%.

About B.O.S. Better Online Solutions

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BOS Better Online Solutions Ltd. provides intelligent robotics and supply chain solutions to enterprises. It offers smart automation systems for industrial processes, logistics and retail stores. The firm operates through the following segments: Intelligent Robotics, Radio Frequency Identification (RFID), and Supply Chain Solutions.