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

B.O.S. Better Online Solutions (NASDAQ:BOSC) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 9,565 shares, a decrease of 44.7% from the June 30th total of 17,284 shares. Based on an average daily trading volume, of 28,960 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

Institutional investors and hedge funds have recently bought and sold shares of the business. Evernest Financial Advisors LLC grew its stake in shares of B.O.S. Better Online Solutions by 604.3% in the 4th quarter. Evernest Financial Advisors LLC now owns 324,000 shares of the communications equipment provider’s stock worth $1,591,000 after purchasing an additional 278,000 shares during the last quarter. Renaissance Technologies LLC boosted 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 in the last quarter. Militia Capital Partners LP bought a new stake in B.O.S. Better Online Solutions during the second quarter worth approximately $619,000. Militia Capital Management LLC acquired a new position in B.O.S. Better Online Solutions in the first quarter worth approximately $524,000. Finally, Goldman Sachs Group Inc. grew its position in B.O.S. Better Online Solutions by 65.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock worth $294,000 after buying an additional 25,589 shares during the last quarter. 15.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BOSC has been the topic of several analyst reports. Alliance Global Partners assumed coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price on the stock. Wall Street Zen cut B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Finally, Weiss Ratings lowered B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $8.00.

B.O.S. Better Online Solutions Price Performance

BOSC traded up $0.01 during trading on Wednesday, reaching $4.50. The stock had a trading volume of 10,880 shares, compared to its average volume of 51,446. The stock has a 50 day moving average of $4.35 and a two-hundred day moving average of $4.62. The company has a quick ratio of 2.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $31.76 million, a price-to-earnings ratio of 10.01 and a beta of 1.08. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72.

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

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.