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

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 16,480 shares, an increase of 72.3% from the July 15th total of 9,565 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 18,271 shares, the days-to-cover ratio is currently 0.9 days.

B.O.S. Better Online Solutions Stock Up 0.6%

BOSC stock traded up $0.03 during midday trading on Monday, reaching $4.59. 4,848 shares of the company’s stock traded hands, compared to its average volume of 49,842. 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’s fifty day moving average price is $4.38 and its 200-day moving average price is $4.59. 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 market cap of $32.34 million, a price-to-earnings ratio of 10.27 and a beta of 1.08.

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

Institutional Trading of B.O.S. Better Online Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BOSC. Militia Capital Partners LP purchased a new position in shares of B.O.S. Better Online Solutions during the second quarter valued at approximately $619,000. Bank of America Corp DE purchased a new stake in B.O.S. Better Online Solutions in the 3rd quarter valued at $39,000. Susquehanna International Group LLP lifted its stake in B.O.S. Better Online Solutions by 134.7% during the 3rd quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock valued at $263,000 after acquiring an additional 31,887 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in B.O.S. Better Online Solutions by 65.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock valued at $294,000 after acquiring an additional 25,589 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in B.O.S. Better Online Solutions by 13.7% during the 4th quarter. Renaissance Technologies LLC now owns 236,907 shares of the communications equipment provider’s stock worth $1,080,000 after acquiring an additional 28,540 shares during the last quarter. 15.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

B.O.S. Better Online Solutions Company Profile

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.