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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,500 shares, a growth of 8.8% from the March 15th total of 26,200 shares. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 1.8 days.

B.O.S. Better Online Solutions Trading Down 0.9 %

Shares of B.O.S. Better Online Solutions stock opened at $2.81 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.02 and a quick ratio of 1.46. The stock has a market capitalization of $16.13 million, a PE ratio of 8.25 and a beta of 0.82. B.O.S. Better Online Solutions has a 1-year low of $2.39 and a 1-year high of $4.16. The company’s fifty day simple moving average is $2.79 and its 200-day simple moving average is $2.82.

Hedge Funds Weigh In On B.O.S. Better Online Solutions

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Renaissance Technologies LLC grew its stake in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 14.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,499 shares of the communications equipment provider’s stock after buying an additional 19,388 shares during the period. Renaissance Technologies LLC owned 2.66% of B.O.S. Better Online Solutions worth $510,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.06% of the company’s stock.

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.