Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Down 63.7% in July

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 25,665 shares, a decrease of 63.7% from the June 30th total of 70,757 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 146,373 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

A number of brokerages have issued reports on HESAY. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Hermes International Price Performance

OTCMKTS:HESAY traded up $11.06 during midday trading on Tuesday, reaching $197.00. The company had a trading volume of 105,202 shares, compared to its average volume of 91,270. Hermes International has a 12-month low of $178.23 and a 12-month high of $288.15. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $188.72 and its 200-day simple moving average is $209.05.

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.