Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Drops By 45.2%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 12,321 shares, a drop of 45.2% from the July 30th total of 22,477 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 93,502 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

HESAY has been the subject of a number of recent analyst reports. Zacks Research raised shares of Hermes International from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Finally, Royal Bank Of Canada cut Hermes International from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Hermes International Stock Up 1.8%

Shares of HESAY traded up $3.36 during trading hours on Friday, reaching $185.00. The company’s stock had a trading volume of 63,901 shares, compared to its average volume of 67,252. Hermes International has a 1-year low of $166.77 and a 1-year high of $288.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19. The company has a 50 day moving average of $184.92 and a two-hundred day moving average of $198.21.

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.