B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Down 88.9% in June

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 785 shares, a decline of 88.9% from the May 31st total of 7,082 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 41,142 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BOSC. Wall Street Zen lowered B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings upgraded shares of B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Alliance Global Partners assumed coverage on shares of B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price target for the company. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $8.00.

Institutional Trading of B.O.S. Better Online Solutions

Several large investors have recently added to or reduced their stakes in BOSC. Militia Capital Partners LP purchased a new position in B.O.S. Better Online Solutions during the 2nd quarter valued at $619,000. Integrated Advisors Network LLC bought a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter valued at about $90,000. Bank of America Corp DE bought a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter valued at about $39,000. Susquehanna International Group LLP increased its position in shares of B.O.S. Better Online Solutions by 134.7% during the third quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after buying an additional 31,887 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in B.O.S. Better Online Solutions by 65.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 25,589 shares in the last quarter. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Trading Up 1.9%

BOSC traded up $0.09 during midday trading on Friday, reaching $4.53. 41,192 shares of the company’s stock traded hands, compared to its average volume of 56,628. The firm has a fifty day moving average of $4.47 and a two-hundred day moving average of $4.66. The stock has a market capitalization of $31.90 million, a price-to-earnings ratio of 10.06 and a beta of 1.10. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.84 and a quick ratio of 2.29. B.O.S. Better Online Solutions has a 52 week low of $3.80 and a 52 week high of $6.72.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings data on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share for the quarter. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.The firm had revenue of $11.39 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. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.