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

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,887 shares, a decrease of 59.1% from the April 15th total of 9,499 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 52,156 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

BOSC has been the topic of several analyst reports. Weiss Ratings raised B.O.S. Better Online Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Alliance Global Partners initiated coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They issued a “buy” rating and a $8.00 price objective for the company. Finally, Wall Street Zen upgraded B.O.S. Better Online Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $8.00.

B.O.S. Better Online Solutions Stock Performance

Shares of NASDAQ BOSC remained flat at $4.59 during midday trading on Friday. 38,874 shares of the company’s stock were exchanged, compared to its average volume of 55,530. B.O.S. Better Online Solutions has a fifty-two week low of $3.63 and a fifty-two week high of $6.72. The company’s 50-day moving average is $4.76 and its 200-day moving average is $4.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.20 and a current ratio of 2.70. The company has a market cap of $32.36 million, a PE ratio of 8.20 and a beta of 1.16.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Tuesday, March 31st. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $12.62 million for the quarter. B.O.S. Better Online Solutions had a return on equity of 17.04% and a net margin of 7.14%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of B.O.S. Better Online Solutions during the third quarter worth about $39,000. Royal Bank of Canada acquired a new position in B.O.S. Better Online Solutions in the 4th quarter worth approximately $49,000. HRT Financial LP acquired a new position in B.O.S. Better Online Solutions in the 4th quarter worth approximately $51,000. Integrated Advisors Network LLC acquired a new position in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $90,000. Finally, XTX Topco Ltd increased its holdings in B.O.S. Better Online Solutions by 42.0% in the 4th 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 during the period. 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.