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

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 8,552 shares, a decrease of 55.1% from the May 14th total of 19,050 shares. Based on an average daily trading volume, of 165,031 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Finally, HSBC raised shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Hermes International Trading Up 1.2%

Shares of HESAY stock traded up $2.27 during mid-day trading on Monday, reaching $198.39. The stock had a trading volume of 126,516 shares, compared to its average volume of 88,618. Hermes International has a 1-year low of $181.05 and a 1-year high of $289.87. The company has a quick ratio of 4.19, a current ratio of 4.99 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average is $191.98 and its 200-day moving average is $222.01.

About Hermes International

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.