Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Down 55.1% in May

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 8,552 shares, a decrease of 55.1% from the May 14th total of 19,050 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 165,031 shares, the days-to-cover ratio is presently 0.1 days.

Hermes International Stock Up 1.3%

HESAY stock traded up $2.46 during midday trading on Friday, hitting $196.12. The company’s stock had a trading volume of 144,020 shares, compared to its average volume of 82,297. Hermes International has a 12 month low of $181.05 and a 12 month high of $289.87. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $191.98 and a two-hundred day moving average of $222.16.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Kepler Capital Markets raised shares of Hermes International from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Zacks Research downgraded Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Finally, HSBC upgraded Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Hermes International presently 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.