Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Grows By 241.7%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 70,757 shares, a growth of 241.7% from the June 15th total of 20,706 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 283,053 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HESAY shares. HSBC lowered Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Zacks Research downgraded Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Hermes International Stock Performance

Shares of OTCMKTS HESAY opened at $187.49 on Monday. Hermes International has a 1 year low of $178.23 and a 1 year high of $288.15. The company’s 50-day moving average is $188.72 and its 200 day moving average is $213.60. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.