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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totalling 16,900 shares, a decrease of 9.6% from the June 15th total of 18,700 shares. Based on an average trading volume of 19,100 shares, the short-interest ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

Separately, ThinkEquity began coverage on shares of B.O.S. Better Online Solutions in a research report on Monday, June 10th. They issued a “buy” rating and a $5.00 target price for the company.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC remained flat at $2.97 during mid-day trading on Wednesday. The stock had a trading volume of 3,159 shares, compared to its average volume of 16,943. The company’s fifty day moving average price is $2.84 and its two-hundred day moving average price is $2.79. B.O.S. Better Online Solutions has a one year low of $2.39 and a one year high of $4.16. The stock has a market capitalization of $17.08 million, a P/E ratio of 8.33 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.52 and a current ratio of 2.03.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its earnings results on Thursday, May 30th. The communications equipment provider reported $0.13 earnings per share for the quarter. B.O.S. Better Online Solutions had a net margin of 4.82% and a return on equity of 11.17%. The company had revenue of $11.29 million for the quarter.

Institutional Trading of B.O.S. Better Online Solutions

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC lifted its position in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 0.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 611,550 shares of the communications equipment provider’s stock after acquiring an additional 5,749 shares during the period. Janney Montgomery Scott LLC owned about 10.64% of B.O.S. Better Online Solutions worth $1,865,000 as of its most recent SEC filing. 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.