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

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 15,531 shares, a growth of 125.3% from the January 29th total of 6,893 shares. Based on an average daily trading volume, of 106,556 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 106,556 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HESAY. Barclays cut Hermes International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Jefferies Financial Group raised Hermes International from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Hermes International Stock Up 0.4%

Shares of OTCMKTS HESAY opened at $244.33 on Friday. The company has a current ratio of 4.50, a quick ratio of 3.65 and a debt-to-equity ratio of 0.10. The company has a 50-day simple moving average of $248.73 and a 200-day simple moving average of $247.56. Hermes International has a 12 month low of $232.01 and a 12 month high of $294.72.

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.