Short Interest in B.O.S. Better Online Solutions (NASDAQ:BOSC) Decreases By 40.9%

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 83,310 shares, a decrease of 40.9% from the November 30th total of 141,035 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 129,448 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 129,448 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.4% of the company’s shares are short sold.

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

Shares of NASDAQ:BOSC traded down $0.03 during mid-day trading on Friday, reaching $4.62. 49,590 shares of the stock were exchanged, compared to its average volume of 90,920. The stock’s 50 day simple moving average is $4.89 and its 200-day simple moving average is $4.87. B.O.S. Better Online Solutions has a one year low of $3.14 and a one year high of $6.72. The company has a market cap of $28.57 million, a P/E ratio of 8.88 and a beta of 1.16. The company has a quick ratio of 2.13, a current ratio of 2.76 and a debt-to-equity ratio of 0.04.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of B.O.S. Better Online Solutions in a research note on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, B.O.S. Better Online Solutions presently has a consensus rating of “Buy”.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Navellier & Associates Inc. bought a new position in B.O.S. Better Online Solutions in the third quarter valued at approximately $911,000. Militia Capital Partners LP bought a new position in shares of B.O.S. Better Online Solutions in the 2nd quarter valued at $619,000. Susquehanna International Group LLP raised its holdings in shares of 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 worth $263,000 after buying an additional 31,887 shares in the last quarter. Integrated Advisors Network LLC acquired a new position in shares of B.O.S. Better Online Solutions during the 3rd quarter worth $90,000. Finally, Bank of America Corp DE bought a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter worth $39,000. Institutional investors own 15.06% of the company’s stock.

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.