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

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 9,499 shares, a drop of 80.5% from the March 31st total of 48,831 shares. Based on an average trading volume of 39,045 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

B.O.S. Better Online Solutions Price Performance

NASDAQ:BOSC traded up $0.11 during trading hours on Friday, reaching $4.78. 27,093 shares of the company were exchanged, compared to its average volume of 54,913. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.70 and a quick ratio of 2.20. B.O.S. Better Online Solutions has a 1-year low of $3.52 and a 1-year high of $6.72. The company has a market capitalization of $33.70 million, a P/E ratio of 8.54 and a beta of 1.16. The business has a 50 day moving average of $4.77 and a 200 day moving average of $4.83.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Tuesday, March 31st. The communications equipment provider reported $0.12 EPS for the quarter. B.O.S. Better Online Solutions had a net margin of 7.14% and a return on equity of 17.04%. The firm had revenue of $12.62 million for the quarter.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Wall Street Zen raised shares of B.O.S. Better Online Solutions from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Alliance Global Partners began coverage on B.O.S. Better Online Solutions in a research report on Thursday. They set a “buy” rating and a $8.00 price target on the stock. Finally, Weiss Ratings downgraded B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $8.00.

Hedge Funds Weigh In On B.O.S. Better Online Solutions

Several hedge funds have recently bought and sold shares of BOSC. Evernest Financial Advisors LLC increased its holdings in B.O.S. Better Online Solutions by 604.3% in the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock valued at $1,591,000 after buying an additional 278,000 shares during the period. Navellier & Associates Inc. bought a new position in B.O.S. Better Online Solutions in the 3rd quarter valued at about $911,000. Militia Capital Partners LP bought a new position in B.O.S. Better Online Solutions in the 2nd quarter valued at about $619,000. Susquehanna International Group LLP increased 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 buying an additional 31,887 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in B.O.S. Better Online Solutions by 13.7% in the 4th quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock valued at $1,080,000 after buying an additional 28,540 shares during the period. 15.06% of the stock is owned by institutional investors.

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.