Hermès International Société en commandite par actions (OTCMKTS:HESAY) Sees Large Decline in Short Interest

Hermès International Société en commandite par actions (OTCMKTS:HESAY) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 9,300 shares, a decrease of 35.9% from the May 15th total of 14,500 shares. Based on an average daily trading volume, of 100,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hermès International Société en commandite par actions Trading Up 0.7%

HESAY stock traded up $1.88 during midday trading on Tuesday, reaching $264.69. 41,636 shares of the company were exchanged, compared to its average volume of 50,828. Hermès International Société en commandite par actions has a one year low of $206.66 and a one year high of $303.00. The business has a 50-day moving average price of $272.61 and a two-hundred day moving average price of $265.15.

Analyst Upgrades and Downgrades

HESAY has been the subject of several recent analyst reports. Kepler Capital Markets downgraded shares of Hermès International Société en commandite par actions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Royal Bank of Canada raised Hermès International Société en commandite par actions to a “moderate buy” rating in a research report on Monday, May 12th.

Hermès International Société en commandite par actions Company Profile

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.