B.O.S. Better Online Solutions (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 785 shares, a drop of 88.9% from the May 31st total of 7,082 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 41,142 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

Several large investors have recently added to or reduced their stakes in BOSC. Evernest Financial Advisors LLC increased its stake in shares of B.O.S. Better Online Solutions by 604.3% in the fourth 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 during the period. Renaissance Technologies LLC increased its position in B.O.S. Better Online Solutions by 2.7% in 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 during the period. 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. Militia Capital Management LLC acquired a new position in B.O.S. Better Online Solutions during the 1st quarter worth $524,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of 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 worth $294,000 after purchasing an additional 25,589 shares in the last quarter. 15.06% of the stock is owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Stock Up 1.6%

Shares of NASDAQ BOSC traded up $0.07 on Friday, hitting $4.51. The company had a trading volume of 46,031 shares, compared to its average volume of 46,679. The company has a quick ratio of 2.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.03. B.O.S. Better Online Solutions has a 12-month low of $3.80 and a 12-month high of $6.72. The firm has a market capitalization of $31.80 million, a P/E ratio of 10.02 and a beta of 1.10. The business has a 50 day moving average of $4.47 and a two-hundred day moving average of $4.65.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results on Friday, May 15th. The communications equipment provider reported $0.11 EPS 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 company had revenue of $11.39 million during the quarter.

Wall Street Analysts Forecast Growth

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