B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Sees Large Increase in Short Interest

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 18,700 shares, a growth of 29.0% from the May 31st total of 14,500 shares. Based on an average trading volume of 23,300 shares, the short-interest ratio is currently 0.8 days.

B.O.S. Better Online Solutions Price Performance

BOSC stock traded up $0.01 during mid-day trading on Friday, hitting $2.81. The company had a trading volume of 7,102 shares, compared to its average volume of 18,594. The company has a 50-day moving average price of $2.82 and a 200 day moving average price of $2.77. B.O.S. Better Online Solutions has a 12-month low of $2.39 and a 12-month high of $4.16. The company has a market capitalization of $16.16 million, a price-to-earnings ratio of 7.81 and a beta of 0.87. The company has a quick ratio of 1.52, a current ratio of 2.03 and a debt-to-equity ratio of 0.06.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Thursday, May 30th. The communications equipment provider reported $0.13 EPS for the quarter. The company had revenue of $11.29 million for the quarter. B.O.S. Better Online Solutions had a return on equity of 11.17% and a net margin of 4.82%.

Wall Street Analyst Weigh In

Separately, ThinkEquity assumed coverage on B.O.S. Better Online Solutions in a research note on Monday, June 10th. They set a “buy” rating and a $5.00 target price on the stock.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC grew its holdings in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 0.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 611,550 shares of the communications equipment provider’s stock after buying an additional 5,749 shares during the quarter. Janney Montgomery Scott LLC owned 10.64% of B.O.S. Better Online Solutions worth $1,865,000 at the end of the most recent reporting period. 15.06% of the stock is owned by institutional investors.

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.