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

B.O.S. Better Online Solutions (NASDAQ:BOSC) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,082 shares, a growth of 202.3% from the May 14th total of 2,343 shares. Based on an average trading volume of 103,462 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

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

Large investors have recently modified their holdings of the stock. Militia Capital Partners LP bought a new stake in shares of B.O.S. Better Online Solutions during the 2nd quarter valued at about $619,000. Renaissance Technologies LLC boosted its stake in shares of 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 valued at $1,080,000 after purchasing an additional 28,540 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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 purchasing an additional 25,589 shares in the last quarter. Susquehanna International Group LLP boosted its stake 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 valued at $263,000 after purchasing an additional 31,887 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of B.O.S. Better Online Solutions during the 4th quarter valued at about $125,000. Institutional investors own 15.06% of the company’s stock.

B.O.S. Better Online Solutions Trading Up 1.7%

Shares of BOSC stock traded up $0.07 during mid-day trading on Friday, reaching $4.30. The stock had a trading volume of 19,995 shares, compared to its average volume of 70,769. The stock’s 50-day moving average price is $4.52 and its two-hundred day moving average price is $4.67. B.O.S. Better Online Solutions has a 52-week low of $3.80 and a 52-week high of $6.72. The firm has a market capitalization of $30.32 million, a PE ratio of 9.56 and a beta of 1.10. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its quarterly earnings data 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 net margin of 6.45% and a return on equity of 13.85%. The firm had revenue of $11.39 million for the quarter.

Analyst Ratings Changes

BOSC has been the topic of a number of analyst reports. Alliance Global Partners initiated coverage on shares of 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. Weiss Ratings upgraded shares of B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen cut shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $8.00.

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.