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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 37,100 shares, a growth of 30.6% from the October 31st total of 28,400 shares. Based on an average daily trading volume, of 17,700 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On B.O.S. Better Online Solutions

A number of institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its holdings in shares of B.O.S. Better Online Solutions by 1.9% during the third quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock worth $1,884,000 after buying an additional 11,850 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in B.O.S. Better Online Solutions by 278.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after purchasing an additional 27,800 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in B.O.S. Better Online Solutions by 4.6% in the second quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock valued at $450,000 after purchasing an additional 7,095 shares during the last quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Stock Performance

B.O.S. Better Online Solutions stock opened at $3.39 on Monday. The stock has a market cap of $19.53 million, a PE ratio of 8.69 and a beta of 0.85. The company has a quick ratio of 1.59, a current ratio of 2.33 and a debt-to-equity ratio of 0.05. B.O.S. Better Online Solutions has a 12-month low of $2.46 and a 12-month high of $3.42. The business’s 50-day moving average price is $3.03 and its two-hundred day moving average price is $2.92.

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.