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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the recipient of a large growth in short interest during the month of 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 trading volume of 17,700 shares, the days-to-cover ratio is presently 2.1 days.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC stock traded up $0.08 on Friday, reaching $3.39. The company’s stock had a trading volume of 63,492 shares, compared to its average volume of 41,361. The stock’s fifty day simple moving average is $3.03 and its 200-day simple moving average is $2.92. B.O.S. Better Online Solutions has a 1 year low of $2.46 and a 1 year high of $3.42. The company has a market capitalization of $19.53 million, a price-to-earnings ratio of 8.69 and a beta of 0.85. The company has a current ratio of 2.33, a quick ratio of 1.59 and a debt-to-equity ratio of 0.05.

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

A number of institutional investors and hedge funds have recently made changes to their positions in BOSC. Janney Montgomery Scott LLC raised its position in shares of B.O.S. Better Online Solutions by 1.9% during 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 buying an additional 11,850 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in B.O.S. Better Online Solutions by 278.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after acquiring an additional 27,800 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in B.O.S. Better Online Solutions by 4.6% during 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 period. 15.06% of the stock is owned by hedge funds and other 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.