Hugo Boss (OTCMKTS:BOSSY) Short Interest Up 79.4% in February

Hugo Boss (OTCMKTS:BOSSY) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,519 shares, a growth of 79.4% from the February 12th total of 4,191 shares. Based on an average trading volume of 887 shares, the short-interest ratio is currently 8.5 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 887 shares, the short-interest ratio is currently 8.5 days.

Hugo Boss Price Performance

Shares of OTCMKTS:BOSSY opened at $8.29 on Friday. The business’s 50 day simple moving average is $8.50 and its 200-day simple moving average is $8.92. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 9.99 and a beta of 0.62. Hugo Boss has a 12 month low of $6.92 and a 12 month high of $10.21.

Hugo Boss (OTCMKTS:BOSSY) last released its quarterly earnings results on Tuesday, March 10th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. Hugo Boss had a return on equity of 17.88% and a net margin of 5.92%.The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.20 billion. On average, equities analysts anticipate that Hugo Boss will post 0.63 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on BOSSY shares. Royal Bank Of Canada downgraded Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Kepler Capital Markets raised shares of Hugo Boss to a “hold” rating in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Hugo Boss

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.