B.O.S. Better Online Solutions (NASDAQ:BOSC) Sees Significant Increase in Short Interest

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 33,954 shares, an increase of 832.0% from the October 15th total of 3,643 shares. Based on an average trading volume of 28,661 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.5% of the company’s stock are short sold.

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

An institutional investor recently bought a new stake in B.O.S. Better Online Solutions stock. Militia Capital Management LLC purchased a new position in B.O.S. Better Online Solutions (NASDAQ:BOSC) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 116,677 shares of the communications equipment provider’s stock, valued at approximately $524,000. Militia Capital Management LLC owned approximately 1.65% of B.O.S. Better Online Solutions at the end of the most recent reporting period. 15.06% of the stock is currently owned by hedge funds and other institutional investors.

B.O.S. Better Online Solutions Stock Performance

NASDAQ BOSC opened at $4.01 on Friday. B.O.S. Better Online Solutions has a 12-month low of $3.80 and a 12-month high of $5.35. The company’s 50 day moving average is $4.46 and its 200-day moving average is $4.56. The company has a quick ratio of 2.18, a current ratio of 2.73 and a debt-to-equity ratio of 0.03. The firm has a market cap of $28.47 million, a P/E ratio of 7.85 and a beta of 1.09.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly earnings data on Friday, August 14th. The communications equipment provider reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.06. B.O.S. Better Online Solutions had a return on equity of 12.69% and a net margin of 7.22%. The company had revenue of $14.85 million for the quarter, compared to analyst estimates of $12.97 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of B.O.S. Better Online Solutions in a research note on Tuesday, September 29th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, B.O.S. Better Online Solutions presently has an average rating of “Moderate Buy” and an average target price of $8.00.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. is an Israel-based technology company that provides supply chain and radio-frequency identification (RFID) solutions. The company helps organizations improve the visibility, tracking and management of inventory, assets and business processes through a combination of software, hardware and systems integration services. Its RFID activities include the supply of RFID tags, readers, printers and related equipment, as well as software and implementation services. These solutions are designed for applications such as inventory control, asset tracking, logistics, manufacturing and warehouse management.