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

Hugo Boss AG (OTCMKTS:BOSSY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decline of 97.5% from the December 31st 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

Several equities research analysts have recently commented on the stock. Citigroup upgraded shares of Hugo Boss to a “hold” rating in a research report on Wednesday, October 2nd. UBS Group upgraded shares of Hugo Boss from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Hugo Boss Trading Up 0.4 %

OTCMKTS:BOSSY traded up $0.04 during trading hours on Tuesday, hitting $9.57. The stock had a trading volume of 502 shares, compared to its average volume of 18,541. Hugo Boss has a one year low of $6.59 and a one year high of $13.86. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.60 and a current ratio of 1.61. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 14.28 and a beta of 1.03. The business’s 50 day moving average is $8.65 and its 200-day moving average is $8.58.

Hugo Boss (OTCMKTS:BOSSY) last issued its earnings results on Tuesday, November 5th. The company reported $0.17 EPS for the quarter. Hugo Boss had a net margin of 5.08% and a return on equity of 16.17%. The firm had revenue of $1.13 billion during the quarter. Sell-side analysts anticipate that Hugo Boss will post 0.63 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.