Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Sees Significant Decline in Short Interest

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 25,665 shares, a drop of 63.7% from the June 30th total of 70,757 shares. Based on an average daily trading volume, of 146,373 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

HESAY has been the subject of a number of research analyst reports. Zacks Research lowered Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Hermes International Price Performance

HESAY opened at $186.46 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19. Hermes International has a 1-year low of $178.23 and a 1-year high of $288.15. The business has a 50 day moving average of $188.69 and a 200-day moving average of $209.52.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.