Short Interest in Hugo Boss AG (OTCMKTS:BOSSY) Rises By 33.3%

Hugo Boss AG (OTCMKTS:BOSSY) was the target of a large increase in short interest in the month of 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 days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

Hugo Boss Price Performance

Hugo Boss stock opened at $6.98 on Monday. Hugo Boss has a fifty-two week low of $6.82 and a fifty-two week high of $15.36. The stock’s 50 day simple moving average is $8.77 and its two-hundred day simple moving average is $8.90. 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 results on Tuesday, November 5th. The company reported $0.17 earnings per share for the quarter. Hugo Boss had a return on equity of 16.28% and a net margin of 5.08%. The company had revenue of $1.13 billion for the quarter. As a group, equities analysts forecast that Hugo Boss will post 0.68 earnings per share for the current year.

About Hugo Boss

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.