B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Down 59.1% in April

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,887 shares, a decline of 59.1% from the April 15th total of 9,499 shares. Based on an average daily volume of 52,156 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

B.O.S. Better Online Solutions Stock Down 1.5%

Shares of B.O.S. Better Online Solutions stock opened at $4.52 on Friday. The business’s fifty day moving average price is $4.75 and its two-hundred day moving average price is $4.81. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.70 and a quick ratio of 2.20. The company has a market capitalization of $31.87 million, a P/E ratio of 8.07 and a beta of 1.16. B.O.S. Better Online Solutions has a 1-year low of $3.63 and a 1-year high of $6.72.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last announced its earnings results on Tuesday, March 31st. The communications equipment provider reported $0.12 earnings per share for the quarter. The firm had revenue of $12.62 million for the quarter. B.O.S. Better Online Solutions had a return on equity of 17.04% and a net margin of 7.14%.

Institutional Trading of B.O.S. Better Online Solutions

Several hedge funds have recently added to or reduced their stakes in the business. Evernest Financial Advisors LLC raised its stake in B.O.S. Better Online Solutions by 604.3% during the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock valued at $1,591,000 after acquiring an additional 278,000 shares in the last quarter. Renaissance Technologies LLC raised its stake in B.O.S. Better Online Solutions by 2.7% during the 1st quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock valued at $1,092,000 after acquiring an additional 6,404 shares in the last quarter. Navellier & Associates Inc. bought a new stake in B.O.S. Better Online Solutions during the 3rd quarter valued at $911,000. Militia Capital Partners LP raised its stake in B.O.S. Better Online Solutions by 39.4% during the 3rd quarter. Militia Capital Partners LP now owns 177,955 shares of the communications equipment provider’s stock valued at $847,000 after acquiring an additional 50,311 shares in the last quarter. Finally, Militia Capital Management LLC bought a new stake in B.O.S. Better Online Solutions during the 1st quarter valued at $524,000. Institutional investors own 15.06% of the company’s stock.

Analyst Upgrades and Downgrades

BOSC has been the subject of a number of analyst reports. Alliance Global Partners initiated coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price objective for the company. Weiss Ratings upgraded B.O.S. Better Online Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded B.O.S. Better Online Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.00.

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. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.