Short Interest in Hugo Boss AG (OTCMKTS:BOSSY) Drops By 97.5%

Hugo Boss AG (OTCMKTS:BOSSY) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 97.5% from the December 15th total of 11,800 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

BOSSY has been the topic of several analyst reports. Citigroup upgraded shares of Hugo Boss to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group raised shares of Hugo Boss from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd.

Hugo Boss Trading Down 0.1 %

Shares of OTCMKTS:BOSSY traded down $0.01 on Wednesday, hitting $8.69. 248 shares of the company’s stock were exchanged, compared to its average volume of 35,668. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 12.96 and a beta of 1.03. Hugo Boss has a 12 month low of $6.59 and a 12 month high of $13.86. The business’s 50 day simple moving average is $8.62 and its two-hundred day simple moving average is $8.59. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.61 and a quick ratio of 0.62.

Hugo Boss (OTCMKTS:BOSSY) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $1.13 billion during the quarter. Hugo Boss had a net margin of 5.08% and a return on equity of 16.17%. Analysts anticipate that Hugo Boss will post 0.64 EPS for the current fiscal year.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.