B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 17,284 shares, a growth of 2,101.8% from the June 15th total of 785 shares. Based on an average daily trading volume, of 30,021 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

B.O.S. Better Online Solutions Stock Down 2.1%

BOSC traded down $0.09 during trading on Friday, reaching $4.24. 40,399 shares of the stock were exchanged, compared to its average volume of 28,358. The stock has a market cap of $29.89 million, a P/E ratio of 9.42 and a beta of 1.08. B.O.S. Better Online Solutions has a twelve month low of $3.80 and a twelve month high of $6.72. The stock’s 50 day moving average price is $4.41 and its two-hundred day moving average price is $4.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.84.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its quarterly earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $11.39 million for the quarter. B.O.S. Better Online Solutions had a net margin of 6.45% and a return on equity of 13.85%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BOSC shares. Weiss Ratings cut B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Wall Street Zen lowered B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a report on Thursday, April 23rd. They set a “buy” rating and a $8.00 target price on the stock. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $8.00.

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

Several hedge funds have recently bought and sold shares of BOSC. Bank of America Corp DE bought a new position in B.O.S. Better Online Solutions during the third quarter worth about $39,000. Royal Bank of Canada bought a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at approximately $49,000. HRT Financial LP bought a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at approximately $51,000. XTX Topco Ltd lifted its position in shares of B.O.S. Better Online Solutions by 42.0% in the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after buying an additional 6,334 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of B.O.S. Better Online Solutions in the fourth quarter valued at approximately $125,000. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.