Hugo Boss AG (OTCMKTS:BOSSY) Sees Significant Growth in Short Interest

Hugo Boss AG (OTCMKTS:BOSSY) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 400 shares, an increase of 33.3% from the October 31st total of 300 shares. Based on an average daily trading volume, of 78,600 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of Hugo Boss to a “hold” rating in a research note on Wednesday, October 2nd.

Hugo Boss Trading Down 9.0 %

Shares of OTCMKTS:BOSSY traded down $0.69 during midday trading on Friday, reaching $6.98. 16,441 shares of the company’s stock were exchanged, compared to its average volume of 28,337. Hugo Boss has a fifty-two week low of $6.82 and a fifty-two week high of $15.36. The firm’s 50 day simple moving average is $8.77 and its two-hundred day simple moving average is $8.92. The company has a quick ratio of 0.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.81.

Hugo Boss (OTCMKTS:BOSSY) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.17 EPS for the quarter. The firm had revenue of $1.13 billion for the quarter. Hugo Boss had a net margin of 5.08% and a return on equity of 16.28%. On average, research analysts anticipate that Hugo Boss will post 0.68 earnings per share for the current year.

Hugo Boss Company Profile

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.