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

B.O.S. Better Online Solutions (NASDAQ:BOSCGet Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 9,565 shares, a drop of 44.7% from the June 30th total of 17,284 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 28,960 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Several research firms recently issued reports on BOSC. Alliance Global Partners assumed coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price target on the stock. Weiss Ratings downgraded shares of 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 lowered shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $8.00.

Read Our Latest Stock Analysis on BOSC

Hedge Funds Weigh In On B.O.S. Better Online Solutions

Institutional investors have recently modified their holdings of the company. Militia Capital Management LLC acquired a new stake in shares of B.O.S. Better Online Solutions in the 1st quarter worth about $524,000. Renaissance Technologies LLC boosted its stake in B.O.S. Better Online Solutions by 2.7% during the 1st quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock valued at $1,092,000 after purchasing an additional 6,404 shares during the period. XTX Topco Ltd grew its position in B.O.S. Better Online Solutions by 42.0% in the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after purchasing an additional 6,334 shares during the last quarter. Royal Bank of Canada bought a new position in B.O.S. Better Online Solutions in the 4th quarter worth about $49,000. Finally, Evernest Financial Advisors LLC grew its position in B.O.S. Better Online Solutions by 604.3% in the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock worth $1,591,000 after purchasing an additional 278,000 shares during the last quarter. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Stock Performance

Shares of NASDAQ BOSC traded up $0.01 during mid-day trading on Wednesday, hitting $4.50. The company had a trading volume of 10,880 shares, compared to its average volume of 51,446. The stock has a market cap of $31.76 million, a price-to-earnings ratio of 10.01 and a beta of 1.08. 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 debt-to-equity ratio of 0.03, a current ratio of 2.84 and a quick ratio of 2.29. The firm’s 50 day simple moving average is $4.35 and its two-hundred day simple moving average is $4.62.

B.O.S. Better Online Solutions (NASDAQ:BOSCGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The communications equipment provider reported $0.11 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 firm had revenue of $11.39 million during the quarter.

B.O.S. Better Online Solutions Company Profile

(Get Free Report)

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.

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