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 the month of December. As of December 15th, there was short interest totalling 73,300 shares, a growth of 12.1% from the November 30th total of 65,400 shares. Based on an average daily volume of 22,200 shares, the short-interest ratio is currently 3.3 days.

B.O.S. Better Online Solutions Trading Up 1.5 %

NASDAQ:BOSC traded up $0.05 during trading hours on Wednesday, hitting $3.30. 17,540 shares of the company were exchanged, compared to its average volume of 17,539. The stock has a market capitalization of $19.01 million, a price-to-earnings ratio of 8.46 and a beta of 0.90. B.O.S. Better Online Solutions has a one year low of $2.50 and a one year high of $3.49. The company has a fifty day simple moving average of $3.21 and a 200 day simple moving average of $3.00. The company has a current ratio of 2.49, a quick ratio of 1.73 and a debt-to-equity ratio of 0.05.

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

A number of hedge funds have recently made changes to their positions in the stock. Dynamic Advisor Solutions LLC boosted its holdings in B.O.S. Better Online Solutions by 278.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock valued at $112,000 after acquiring an additional 27,800 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of B.O.S. Better Online Solutions by 4.6% in the 2nd quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock worth $450,000 after purchasing an additional 7,095 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of B.O.S. Better Online Solutions by 1.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock valued at $1,884,000 after purchasing an additional 11,850 shares during the last quarter. 15.06% of the stock is currently owned by institutional investors.

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.