Short Interest in Hermès International Société en commandite par actions (OTCMKTS:HESAY) Rises By 510.3%

Hermès International Société en commandite par actions (OTCMKTS:HESAY) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 47,600 shares, a growth of 510.3% from the February 13th total of 7,800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 150,200 shares, the days-to-cover ratio is currently 0.3 days.

Hermès International Société en commandite par actions Price Performance

OTCMKTS HESAY traded up $0.89 during trading hours on Wednesday, reaching $271.50. 28,299 shares of the company’s stock were exchanged, compared to its average volume of 47,772. The company’s 50-day moving average is $270.99 and its two-hundred day moving average is $242.99. Hermès International Société en commandite par actions has a one year low of $206.66 and a one year high of $303.00.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets cut Hermès International Société en commandite par actions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 26th.

Hermès International Société en commandite par actions Company Profile

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.