Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Increases By 142.1%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 20,706 shares, an increase of 142.1% from the May 31st total of 8,552 shares. Based on an average daily trading volume, of 193,171 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hermes International Price Performance

HESAY traded up $0.50 during midday trading on Monday, reaching $184.50. 87,333 shares of the company’s stock traded hands, compared to its average volume of 93,092. Hermes International has a 52 week low of $180.61 and a 52 week high of $289.87. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. The firm has a fifty day moving average of $190.58 and a two-hundred day moving average of $218.12.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HESAY shares. Kepler Capital Markets raised Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Finally, HSBC downgraded shares of Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.