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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a large growth in short interest in 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 trading volume of 22,200 shares, the short-interest ratio is presently 3.3 days.

B.O.S. Better Online Solutions Price Performance

NASDAQ:BOSC opened at $3.25 on Monday. B.O.S. Better Online Solutions has a 52-week low of $2.50 and a 52-week high of $3.49. The company has a market cap of $18.72 million, a P/E ratio of 8.33 and a beta of 0.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 2.49. The stock’s 50-day simple moving average is $3.19 and its 200 day simple moving average is $3.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC raised its stake in shares of B.O.S. Better Online Solutions by 278.0% during 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. Renaissance Technologies LLC increased its holdings 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 worth $450,000 after buying an additional 7,095 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in 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 acquiring an additional 11,850 shares in 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.