B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Down 44.7% in July

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 9,565 shares, a drop of 44.7% from the June 30th total of 17,284 shares. Based on an average daily trading volume, of 28,960 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

B.O.S. Better Online Solutions Trading Up 0.2%

Shares of B.O.S. Better Online Solutions stock traded up $0.01 during trading hours on Thursday, hitting $4.51. The company’s stock had a trading volume of 26,165 shares, compared to its average volume of 51,401. The company has a quick ratio of 2.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $31.80 million, a PE ratio of 10.02 and a beta of 1.08. The business has a fifty day moving average of $4.34 and a 200 day moving average of $4.62. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings data on Friday, May 15th. The communications equipment provider reported $0.11 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%.

Analysts Set New Price Targets

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

Institutional Trading of B.O.S. Better Online Solutions

A number of hedge funds have recently modified their holdings of the company. Bank of America Corp DE bought a new position in B.O.S. Better Online Solutions in the third quarter valued at approximately $39,000. Royal Bank of Canada bought a new position in B.O.S. Better Online Solutions during the 4th quarter worth $49,000. HRT Financial LP acquired a new position in shares of B.O.S. Better Online Solutions during the 4th quarter worth approximately $51,000. XTX Topco Ltd grew its position in B.O.S. Better Online Solutions by 42.0% during the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after buying an additional 6,334 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of B.O.S. Better Online Solutions during the 4th quarter worth $125,000. 15.06% of the stock is currently owned by institutional investors and hedge funds.

About B.O.S. Better Online Solutions

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.