B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 17,284 shares, a growth of 2,101.8% from the June 15th total of 785 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 30,021 shares, the short-interest ratio is presently 0.6 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new position in shares of B.O.S. Better Online Solutions in the 3rd quarter worth $39,000. Royal Bank of Canada bought a new stake in B.O.S. Better Online Solutions during the fourth quarter valued at about $49,000. HRT Financial LP purchased a new position in B.O.S. Better Online Solutions in the fourth quarter valued at about $51,000. XTX Topco Ltd grew its stake in B.O.S. Better Online Solutions by 42.0% in the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after purchasing an additional 6,334 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in B.O.S. Better Online Solutions in the fourth quarter valued at about $125,000. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Trading Down 2.1%

B.O.S. Better Online Solutions stock traded down $0.09 during trading hours on Friday, hitting $4.24. The company had a trading volume of 40,399 shares, compared to its average volume of 28,358. The firm has a market cap of $29.89 million, a P/E ratio of 9.42 and a beta of 1.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.84. B.O.S. Better Online Solutions has a 1 year low of $3.80 and a 1 year high of $6.72. The company has a 50-day moving average price of $4.41 and a two-hundred day moving average price of $4.65.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its earnings results on Friday, May 15th. The communications equipment provider reported $0.11 EPS for the quarter. The business had revenue of $11.39 million for the quarter. B.O.S. Better Online Solutions had a net margin of 6.45% and a return on equity of 13.85%.

Wall Street Analysts Forecast Growth

BOSC has been the subject of several recent analyst reports. Weiss Ratings lowered B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Alliance Global Partners assumed coverage on B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They set a “buy” rating and a $8.00 price target for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $8.00.

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.