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

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 785 shares, a decrease of 88.9% from the May 31st total of 7,082 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 41,142 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wall Street Zen cut 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 report on Thursday, April 23rd. They set a “buy” rating and a $8.00 price target for the company. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, B.O.S. Better Online Solutions presently has an average rating of “Buy” and a consensus price target of $8.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd boosted its holdings in shares of B.O.S. Better Online Solutions by 42.0% in the 4th quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock valued at $98,000 after buying an additional 6,334 shares during the last quarter. Renaissance Technologies LLC increased its holdings in 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 buying an additional 6,404 shares during the last quarter. Bank of America Corp DE bought a new stake in B.O.S. Better Online Solutions during the third quarter worth $39,000. Royal Bank of Canada acquired a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at $49,000. Finally, HRT Financial LP acquired a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at $51,000. Institutional investors and hedge funds own 15.06% of the company’s stock.

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

NASDAQ:BOSC traded up $0.07 on Friday, hitting $4.51. 46,031 shares of the company’s stock were exchanged, compared to its average volume of 46,679. The firm has a 50-day moving average price of $4.47 and a 200-day moving average price of $4.65. B.O.S. Better Online Solutions has a 52 week low of $3.80 and a 52 week high of $6.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.84 and a quick ratio of 2.29. The company has a market cap of $31.80 million, a P/E ratio of 10.02 and a beta of 1.10.

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

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.