B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Sees Significant Decrease in Short Interest

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 152,300 shares, a decline of 15.3% from the January 31st total of 179,900 shares. Based on an average daily volume of 58,300 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC raised its holdings in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 638,700 shares of the communications equipment provider’s stock after buying an additional 11,850 shares during the quarter. Janney Montgomery Scott LLC owned about 11.11% of B.O.S. Better Online Solutions worth $1,884,000 as of its most recent SEC filing. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Stock Up 2.1 %

BOSC opened at $3.89 on Friday. The business has a 50 day moving average price of $3.77 and a 200 day moving average price of $3.30. B.O.S. Better Online Solutions has a twelve month low of $2.50 and a twelve month high of $4.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 2.49. The firm has a market cap of $22.41 million, a P/E ratio of 9.97 and a beta of 0.86.

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.