Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Down 63.7% in July

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 25,665 shares, a decrease of 63.7% from the June 30th total of 70,757 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 146,373 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Hermes International Price Performance

HESAY stock opened at $186.46 on Monday. Hermes International has a 52 week low of $178.23 and a 52 week high of $288.15. The firm’s 50-day moving average is $188.69 and its two-hundred day moving average is $209.52. 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 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.