B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 17,284 shares, an increase of 2,101.8% from the June 15th total of 785 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 30,021 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on BOSC shares. Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They set a “buy” rating and a $8.00 target price for the company. Weiss Ratings lowered B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Finally, Wall Street Zen cut B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $8.00.

Institutional Trading of B.O.S. Better Online Solutions

Large investors have recently modified their holdings of the business. Bank of America Corp DE acquired a new position in shares of B.O.S. Better Online Solutions during the 3rd quarter worth approximately $39,000. Royal Bank of Canada acquired a new stake in B.O.S. Better Online Solutions during the 4th quarter valued at $49,000. HRT Financial LP purchased a new position in B.O.S. Better Online Solutions during the fourth quarter worth $51,000. XTX Topco Ltd increased its position in B.O.S. Better Online Solutions by 42.0% during the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after buying an additional 6,334 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of B.O.S. Better Online Solutions in the fourth quarter worth $125,000. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC stock traded down $0.09 during mid-day trading on Friday, reaching $4.24. The stock had a trading volume of 40,399 shares, compared to its average volume of 28,358. B.O.S. Better Online Solutions has a 12-month low of $3.80 and a 12-month high of $6.72. The company has a market cap of $29.89 million, a P/E ratio of 9.42 and a beta of 1.08. The business has a 50-day simple moving average of $4.41 and a 200 day simple moving average of $4.65. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.The business had revenue of $11.39 million during the quarter.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.