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

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 83,310 shares, a decline of 40.9% from the November 30th total of 141,035 shares. Based on an average daily trading volume, of 129,448 shares, the short-interest ratio is presently 0.6 days. Approximately 1.4% of the company’s stock are short sold. Approximately 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 129,448 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of B.O.S. Better Online Solutions in a report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

B.O.S. Better Online Solutions Stock Performance

Shares of BOSC opened at $4.72 on Tuesday. The company has a market capitalization of $29.17 million, a PE ratio of 9.08 and a beta of 1.16. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.76 and a quick ratio of 2.13. B.O.S. Better Online Solutions has a one year low of $3.14 and a one year high of $6.72. The company’s fifty day moving average price is $4.88 and its 200 day moving average price is $4.88.

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

Several hedge funds have recently added to or reduced their stakes in BOSC. Navellier & Associates Inc. bought a new position in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $911,000. Integrated Advisors Network LLC bought a new position in B.O.S. Better Online Solutions during the third quarter worth $90,000. Militia Capital Partners LP boosted its holdings in B.O.S. Better Online Solutions by 39.4% in the 3rd quarter. Militia Capital Partners LP now owns 177,955 shares of the communications equipment provider’s stock valued at $847,000 after purchasing an additional 50,311 shares during the period. Susquehanna International Group LLP boosted its holdings in B.O.S. Better Online Solutions by 134.7% in the 3rd quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after purchasing an additional 31,887 shares during the period. Finally, Bank of America Corp DE acquired a new stake in B.O.S. Better Online Solutions in the 3rd quarter worth $39,000. Institutional investors own 15.06% of the company’s stock.

About B.O.S. Better Online Solutions

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.