B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Up 202.3% in May

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,082 shares, a growth of 202.3% from the May 14th total of 2,343 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 103,462 shares, the days-to-cover ratio is currently 0.1 days.

B.O.S. Better Online Solutions Stock Performance

Shares of BOSC stock opened at $4.30 on Friday. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $30.32 million, a price-to-earnings ratio of 9.56 and a beta of 1.10. The stock’s fifty day simple moving average is $4.52 and its 200-day simple moving average is $4.67.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share for the quarter. B.O.S. Better Online Solutions had a return on equity of 13.85% and a net margin of 6.45%.The business had revenue of $11.39 million for the quarter.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BOSC shares. Wall Street Zen cut B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Weiss Ratings upgraded B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a report on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, B.O.S. Better Online Solutions currently has an average rating of “Buy” and an average target price of $8.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BOSC. Militia Capital Partners LP purchased a new position in shares of B.O.S. Better Online Solutions during the second quarter valued at $619,000. Integrated Advisors Network LLC purchased a new position in shares of B.O.S. Better Online Solutions during the third quarter valued at $90,000. Bank of America Corp DE purchased a new position in shares of B.O.S. Better Online Solutions during the third quarter valued at $39,000. Susquehanna International Group LLP grew its holdings in shares of B.O.S. Better Online Solutions by 134.7% during the third quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after buying an additional 31,887 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in B.O.S. Better Online Solutions by 65.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock valued at $294,000 after purchasing an additional 25,589 shares in the last quarter. Hedge funds and other institutional investors own 15.06% of the company’s stock.

About B.O.S. Better Online Solutions

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.