B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Short Interest Up 29.0% in June

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 18,700 shares, a growth of 29.0% from the May 31st total of 14,500 shares. Based on an average daily trading volume, of 23,300 shares, the short-interest ratio is presently 0.8 days.

B.O.S. Better Online Solutions Price Performance

NASDAQ BOSC traded up $0.01 during trading hours on Friday, reaching $2.81. The company’s stock had a trading volume of 7,102 shares, compared to its average volume of 18,594. The company has a quick ratio of 1.52, a current ratio of 2.03 and a debt-to-equity ratio of 0.06. B.O.S. Better Online Solutions has a 1 year low of $2.39 and a 1 year high of $4.16. The firm’s 50-day moving average price is $2.82 and its 200-day moving average price is $2.77. The company has a market capitalization of $16.16 million, a price-to-earnings ratio of 7.81 and a beta of 0.87.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its earnings results on Thursday, May 30th. The communications equipment provider reported $0.13 earnings per share for the quarter. The company had revenue of $11.29 million during the quarter. B.O.S. Better Online Solutions had a net margin of 4.82% and a return on equity of 11.17%.

Wall Street Analysts Forecast Growth

Separately, ThinkEquity started coverage on B.O.S. Better Online Solutions in a report on Monday, June 10th. They set a “buy” rating and a $5.00 price target on the stock.

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

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC grew its position in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 0.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 611,550 shares of the communications equipment provider’s stock after acquiring an additional 5,749 shares during the quarter. Janney Montgomery Scott LLC owned 10.64% of B.O.S. Better Online Solutions worth $1,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.