B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Up 188.5% in August

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 19,106 shares, a growth of 188.5% from the August 15th total of 6,623 shares. Based on an average daily volume of 54,097 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BOSC. Wall Street Zen cut shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings cut 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 investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $8.00.

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

Several large investors have recently made changes to their positions in BOSC. Militia Capital Management LLC bought a new stake in B.O.S. Better Online Solutions in the 1st quarter valued at $524,000. Evernest Financial Advisors LLC increased its holdings in B.O.S. Better Online Solutions by 604.3% during the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock worth $1,591,000 after purchasing an additional 278,000 shares in the last quarter. XTX Topco Ltd increased its holdings in B.O.S. Better Online Solutions by 42.0% during the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after purchasing an additional 6,334 shares in the last quarter. Jane Street Group LLC bought a new position in B.O.S. Better Online Solutions during the 4th quarter worth about $125,000. Finally, HRT Financial LP acquired a new stake in shares of B.O.S. Better Online Solutions in the 4th quarter valued at about $51,000. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Stock Performance

NASDAQ:BOSC opened at $4.66 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.73 and a quick ratio of 2.18. The business’s 50-day simple moving average is $4.49 and its 200-day simple moving average is $4.56. B.O.S. Better Online Solutions has a fifty-two week low of $3.80 and a fifty-two week high of $6.72. The stock has a market capitalization of $32.85 million, a PE ratio of 8.96 and a beta of 1.08.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Friday, August 14th. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.06. B.O.S. Better Online Solutions had a return on equity of 12.69% and a net margin of 7.22%.The business had revenue of $14.85 million during the quarter, compared to analysts’ expectations of $12.97 million.

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.