B.O.S. Better Online Solutions (NASDAQ:BOSC) Stock Short Interest Jumps 332.3%

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 22,510 shares, a growth of 332.3% from the September 15th total of 5,207 shares. Based on an average daily volume of 18,767 shares, the short-interest ratio is currently 1.2 days. Approximately 0.3% of the company’s stock are sold short.

B.O.S. Better Online Solutions Stock Down 1.3%

NASDAQ:BOSC traded down $0.06 on Monday, reaching $4.50. 20,574 shares of the stock traded hands, compared to its average volume of 46,640. The company has a current ratio of 2.73, a quick ratio of 2.18 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $31.73 million, a price-to-earnings ratio of 8.65 and a beta of 1.04. B.O.S. Better Online Solutions has a 12 month low of $3.80 and a 12 month high of $6.72. The company’s fifty day simple moving average is $4.63 and its 200 day simple moving average is $4.54.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Friday, August 14th. The communications equipment provider reported $0.19 earnings per share (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 business had revenue of $14.85 million for the quarter, compared to analysts’ expectations of $12.97 million.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of B.O.S. Better Online Solutions in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, B.O.S. Better Online Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $8.00.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

A number of large investors have recently added to or reduced their stakes in BOSC. Evernest Financial Advisors LLC lifted its holdings in shares of B.O.S. Better Online Solutions by 604.3% during the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock valued at $1,591,000 after buying an additional 278,000 shares during the period. Renaissance Technologies LLC boosted its stake in shares of B.O.S. Better Online Solutions by 2.7% in the 1st quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock worth $1,092,000 after buying an additional 6,404 shares during the last quarter. Finally, Militia Capital Management LLC purchased a new position in shares of B.O.S. Better Online Solutions in the 1st quarter worth $524,000. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. is an Israel-based technology company that provides supply chain management and radio-frequency identification (RFID) solutions. Its offerings are designed to help organizations track inventory and assets, manage warehouse and logistics operations, and improve the flow of information across supply chain processes.

The company’s solutions include automatic identification and data-collection technologies, such as barcode and RFID systems, mobile computing equipment, software applications, systems integration, and related support services.