Short Interest in Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Rises By 142.1%

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 20,706 shares, a growth of 142.1% from the May 31st total of 8,552 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 193,171 shares, the short-interest ratio is currently 0.1 days.

Hermes International Price Performance

OTCMKTS:HESAY traded up $0.50 during mid-day trading on Monday, reaching $184.50. The stock had a trading volume of 87,333 shares, compared to its average volume of 93,092. The firm has a 50 day moving average price of $190.58 and a two-hundred day moving average price of $218.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99. Hermes International has a one year low of $180.61 and a one year high of $289.87.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HESAY. 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 downgraded Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock 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.