Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 478 shares, a drop of 93.6% from the February 26th total of 7,519 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,014 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 5,014 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hugo Boss Stock Performance

Shares of OTCMKTS BOSSY opened at $8.78 on Wednesday. Hugo Boss has a twelve month low of $6.92 and a twelve month high of $10.21. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 10.58 and a beta of 0.62. The firm has a 50-day moving average of $8.57 and a two-hundred day moving average of $8.87.

Hugo Boss (OTCMKTS:BOSSY) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.05. Hugo Boss had a net margin of 5.92% and a return on equity of 17.88%. The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.20 billion. As a group, research analysts predict that Hugo Boss will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BOSSY shares. Kepler Capital Markets raised Hugo Boss to a “hold” rating in a report on Monday, December 8th. Royal Bank Of Canada lowered Hugo Boss from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

About Hugo Boss

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.