Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Up 241.7% in June

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 70,757 shares, an increase of 241.7% from the June 15th total of 20,706 shares. Based on an average daily trading volume, of 283,053 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. HSBC lowered shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Hermes International Stock Performance

Shares of OTCMKTS:HESAY opened at $187.49 on Monday. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. The stock has a fifty day simple moving average of $188.72 and a two-hundred day simple moving average of $213.60. Hermes International has a 12-month low of $178.23 and a 12-month high of $288.15.

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.