Hugo Boss (OTCMKTS:BOSSY) Sees Significant Growth in Short Interest

Hugo Boss (OTCMKTS:BOSSY) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 4,191 shares, a growth of 859.0% from the January 29th total of 437 shares. Based on an average trading volume of 3,983 shares, the short-interest ratio is currently 1.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 3,983 shares, the short-interest ratio is currently 1.1 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada downgraded shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a research report on Monday, January 26th. Kepler Capital Markets upgraded shares of Hugo Boss to a “hold” rating in a report on Monday, December 8th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Hugo Boss presently has a consensus rating of “Hold”.

Hugo Boss Price Performance

Shares of OTCMKTS:BOSSY remained flat at $8.47 during mid-day trading on Friday. 50 shares of the stock traded hands, compared to its average volume of 1,185. Hugo Boss has a 12 month low of $6.92 and a 12 month high of $10.21. The company has a 50 day moving average of $8.53 and a two-hundred day moving average of $9.01. The firm has a market capitalization of $2.92 billion, a P/E ratio of 11.76 and a beta of 0.63.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.