Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Drops By 24.0%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,156 shares, a drop of 24.0% from the November 30th total of 8,105 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 58,133 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 58,133 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

HESAY has been the topic of a number of analyst reports. DZ Bank upgraded Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 8th. Hsbc Global Res downgraded Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Finally, Barclays cut Hermes International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Hermes International Price Performance

HESAY stock traded up $0.54 during mid-day trading on Wednesday, hitting $249.35. 12,560 shares of the company were exchanged, compared to its average volume of 48,803. Hermes International has a 12-month low of $228.82 and a 12-month high of $303.00. The business has a fifty day simple moving average of $247.85 and a 200-day simple moving average of $252.89. The company has a current ratio of 4.50, a quick ratio of 3.65 and a debt-to-equity ratio of 0.10.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.