Hugo Boss AG (OTCMKTS:BOSSY) Short Interest Down 71.4% in August

Hugo Boss AG (OTCMKTS:BOSSY) saw a large decline in short interest in August. As of August 15th, there was short interest totalling 400 shares, a decline of 71.4% from the July 31st total of 1,400 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.6 days.

Hugo Boss Stock Performance

OTCMKTS BOSSY opened at $9.14 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.84 and a debt-to-equity ratio of 0.74. Hugo Boss has a 52 week low of $7.61 and a 52 week high of $15.50. The business has a 50 day moving average price of $8.62 and a 200-day moving average price of $10.41. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 11.15 and a beta of 1.19.

Hugo Boss (OTCMKTS:BOSSY) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.12 EPS for the quarter. Hugo Boss had a net margin of 5.27% and a return on equity of 17.05%. The business had revenue of $1.09 billion during the quarter. As a group, equities analysts expect that Hugo Boss will post 0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Stifel Nicolaus lowered shares of Hugo Boss from a “buy” rating to a “hold” rating in a report on Monday, July 29th.

About Hugo Boss

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.