B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Short Interest Down 13.9% in October

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 28,400 shares, a decline of 13.9% from the October 15th total of 33,000 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 2.9 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC grew its holdings in B.O.S. Better Online Solutions by 1.9% during the third quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock valued at $1,884,000 after purchasing an additional 11,850 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of B.O.S. Better Online Solutions by 278.0% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after buying an additional 27,800 shares during the period. Finally, Renaissance Technologies LLC grew its stake in B.O.S. Better Online Solutions by 4.6% in the 2nd quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock valued at $450,000 after buying an additional 7,095 shares during the last quarter. 15.06% of the stock is owned by institutional investors.

B.O.S. Better Online Solutions Stock Up 0.3 %

Shares of BOSC stock traded up $0.01 on Monday, reaching $3.13. 63,786 shares of the company’s stock traded hands, compared to its average volume of 15,266. B.O.S. Better Online Solutions has a 12-month low of $2.46 and a 12-month high of $3.28. The company has a market capitalization of $18.03 million, a P/E ratio of 9.18 and a beta of 0.85. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.59 and a current ratio of 2.33. The business’s 50 day moving average price is $2.94 and its two-hundred day moving average price is $2.89.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Thursday, August 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter. B.O.S. Better Online Solutions had a net margin of 4.90% and a return on equity of 10.30%. The firm had revenue of $8.45 million during the quarter.

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.