Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Sees Large Increase in Short Interest

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 11,791 shares, an increase of 156.9% from the April 15th total of 4,589 shares. Based on an average trading volume of 293,499 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Hermes International Stock Down 1.5%

HESAY traded down $2.70 during trading on Friday, hitting $182.31. 53,451 shares of the company traded hands, compared to its average volume of 114,414. The stock’s fifty day moving average is $198.61 and its 200 day moving average is $230.31. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.99 and a quick ratio of 4.19. Hermes International has a one year low of $182.15 and a one year high of $292.09.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Zacks Research lowered shares of Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. HSBC upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Finally, Jefferies Financial Group upgraded shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.