Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Drops By 26.1%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 8,789 shares, a decrease of 26.1% from the March 15th total of 11,894 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 213,897 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several analysts have recently commented on HESAY shares. Kepler Capital Markets upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. HSBC upgraded Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Jefferies Financial Group upgraded Hermes International from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Finally, Zacks Research cut Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Hermes International Stock Performance

Hermes International stock opened at $194.00 on Friday. The business’s 50-day simple moving average is $218.50 and its 200 day simple moving average is $238.00. Hermes International has a 12-month low of $183.24 and a 12-month high of $294.72. 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.