Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Sees Significant Increase in Short Interest

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 20,706 shares, a growth of 142.1% from the May 31st total of 8,552 shares. Based on an average trading volume of 193,171 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hermes International Stock Down 0.7%

OTCMKTS HESAY traded down $1.35 on Wednesday, reaching $181.69. The stock had a trading volume of 14,511 shares, compared to its average volume of 92,739. Hermes International has a 12-month low of $180.00 and a 12-month high of $289.87. The business’s 50-day moving average price is $189.99 and its 200 day moving average price is $217.21. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HESAY shares. HSBC cut shares of 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. Finally, Kepler Capital Markets raised Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Hermes International Company Profile

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.