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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 25,100 shares, a growth of 26.1% from the July 15th total of 19,900 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 1.4 days.

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 holdings in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 0.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 611,550 shares of the communications equipment provider’s stock after purchasing 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 filing with the SEC. Institutional investors own 15.06% of the company’s stock.

Wall Street Analyst Weigh In

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

B.O.S. Better Online Solutions Price Performance

Shares of NASDAQ BOSC traded down $0.05 during mid-day trading on Friday, reaching $2.85. 1,849 shares of the company were exchanged, compared to its average volume of 16,912. B.O.S. Better Online Solutions has a 52 week low of $2.39 and a 52 week high of $4.16. The company’s 50 day moving average price is $2.88 and its 200 day moving average price is $2.82. The stock has a market capitalization of $16.38 million, a PE ratio of 7.92 and a beta of 0.85. The company has a quick ratio of 1.52, a current ratio of 2.03 and a debt-to-equity ratio of 0.06.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly 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 return on equity of 11.17% and a net margin of 4.82%. The business had revenue of $11.29 million for the quarter.

B.O.S. Better Online Solutions Company Profile

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.