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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 25,200 shares, an increase of 8.6% from the August 15th total of 23,200 shares. Based on an average daily trading volume, of 15,900 shares, the short-interest ratio is presently 1.6 days.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC remained flat at $2.87 during mid-day trading on Wednesday. 7,801 shares of the stock traded hands, compared to its average volume of 15,977. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.33 and a quick ratio of 1.59. The company has a fifty day moving average of $2.89 and a 200-day moving average of $2.84. B.O.S. Better Online Solutions has a 12 month low of $2.39 and a 12 month high of $4.00. The company has a market cap of $16.50 million, a PE ratio of 7.97 and a beta of 0.84.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last posted its quarterly earnings results on Thursday, August 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $8.45 million for the quarter. B.O.S. Better Online Solutions had a return on equity of 10.30% and a net margin of 4.90%.

Analysts Set New Price Targets

Separately, ThinkEquity started coverage on shares of B.O.S. Better Online Solutions in a report on Monday, June 10th. They issued a “buy” rating and a $5.00 price objective for the company.

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. Renaissance Technologies LLC grew its position in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 4.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,211 shares of the communications equipment provider’s stock after purchasing an additional 7,095 shares during the period. Renaissance Technologies LLC owned about 2.79% of B.O.S. Better Online Solutions worth $450,000 at the end of the most recent quarter. 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.