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

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,480 shares, an increase of 72.3% from the July 15th total of 9,565 shares. Based on an average daily volume of 18,271 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s stock are short sold.

B.O.S. Better Online Solutions Stock Performance

BOSC traded up $0.03 during trading hours on Monday, hitting $4.59. The stock had a trading volume of 4,848 shares, compared to its average volume of 49,842. The company’s fifty day simple moving average is $4.38 and its 200 day simple moving average is $4.59. B.O.S. Better Online Solutions has a 1 year low of $3.80 and a 1 year high of $6.72. The stock has a market cap of $32.34 million, a PE ratio of 10.27 and a beta of 1.08. The company has a quick ratio of 2.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.03.

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

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE bought a new stake in B.O.S. Better Online Solutions during the 3rd quarter valued at $39,000. Royal Bank of Canada bought a new position in shares of B.O.S. Better Online Solutions in the fourth quarter worth approximately $49,000. HRT Financial LP purchased a new stake in B.O.S. Better Online Solutions during the fourth quarter valued at about $51,000. XTX Topco Ltd boosted its stake in 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 worth $98,000 after buying an additional 6,334 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of B.O.S. Better Online Solutions in the 4th quarter valued at $125,000. 15.06% of the stock is currently owned by hedge funds and other institutional investors.

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.