B.O.S. Better Online Solutions (NASDAQ:BOSC) Shares Shorted: Short Interest Down 72.7% in September

B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 5,207 shares, a decrease of 72.7% from the August 31st total of 19,106 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 30,976 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

BOSC has been the subject of a number of research reports. Wall Street Zen cut shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Weiss Ratings cut shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $8.00.

View Our Latest Stock Analysis on B.O.S. Better Online Solutions

Institutional Investors Weigh In On B.O.S. Better Online Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of BOSC. Evernest Financial Advisors LLC grew its stake in shares of B.O.S. Better Online Solutions by 604.3% during the fourth 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 in the last quarter. Renaissance Technologies LLC lifted its stake in B.O.S. Better Online Solutions by 2.7% in the first quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock valued at $1,092,000 after buying an additional 6,404 shares during the last quarter. Finally, Militia Capital Management LLC acquired a new stake in B.O.S. Better Online Solutions during the 1st quarter worth $524,000. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Price Performance

BOSC stock opened at $4.74 on Friday. The business’s 50-day moving average is $4.58 and its two-hundred day moving average is $4.56. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.73 and a quick ratio of 2.18. The firm has a market capitalization of $33.42 million, a P/E ratio of 9.12 and a beta of 1.08. B.O.S. Better Online Solutions has a 1 year low of $3.80 and a 1 year high of $6.72.

B.O.S. Better Online Solutions (NASDAQ:BOSC – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The communications equipment provider reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.06. The business had revenue of $14.85 million during the quarter, compared to the consensus estimate of $12.97 million. B.O.S. Better Online Solutions had a return on equity of 12.69% and a net margin of 7.22%.

B.O.S. Better Online Solutions Company Profile

(Get Free Report)

B.O.S. Better Online Solutions Ltd. is an Israel-based technology company that provides supply chain management and customer relationship management solutions. The company serves organizations that need to track inventory, manage warehouse operations, improve field activities and coordinate customer-facing processes.

Its supply chain offerings include radio-frequency identification (RFID), barcode and automatic identification technologies, mobile computing systems, warehouse management software, route-accounting applications and related hardware, integration and support services.

Further Reading

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