Short Interest in B.O.S. Better Online Solutions (NASDAQ:BOSC) Increases By 72.3%

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 16,480 shares, an increase of 72.3% from the July 15th total of 9,565 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 18,271 shares, the short-interest ratio is presently 0.9 days.

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

Institutional investors have recently made changes to their positions in the stock. Militia Capital Management LLC purchased a new stake in B.O.S. Better Online Solutions during the first quarter valued at about $524,000. Renaissance Technologies LLC increased its position in shares of B.O.S. Better Online Solutions by 2.7% during the first quarter. Renaissance Technologies LLC now owns 243,311 shares of the communications equipment provider’s stock worth $1,092,000 after acquiring an additional 6,404 shares during the last quarter. XTX Topco Ltd increased its holdings in B.O.S. Better Online Solutions by 42.0% during the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after purchasing an additional 6,334 shares during the last quarter. Royal Bank of Canada bought a new stake in shares of B.O.S. Better Online Solutions in the fourth quarter worth $49,000. Finally, Evernest Financial Advisors LLC raised its stake in shares of B.O.S. Better Online Solutions by 604.3% in 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 purchasing an additional 278,000 shares in the last quarter. 15.06% of the stock is owned by hedge funds and other institutional investors.

B.O.S. Better Online Solutions Price Performance

NASDAQ BOSC traded up $0.02 during trading hours on Tuesday, reaching $4.62. The company’s stock had a trading volume of 4,312 shares, compared to its average volume of 49,674. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.84. B.O.S. Better Online Solutions has a fifty-two week low of $3.80 and a fifty-two week high of $6.72. The stock has a market cap of $32.60 million, a PE ratio of 10.28 and a beta of 1.08. The company’s 50-day moving average is $4.38 and its two-hundred day moving average is $4.58.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings cut shares of B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Wall Street Zen cut shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, B.O.S. Better Online Solutions has an average rating of “Moderate Buy” and a consensus target price of $8.00.

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.