Short Interest in Hugo Boss AG (OTCMKTS:BOSSY) Decreases By 97.5%

Hugo Boss AG (OTCMKTS:BOSSY) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 300 shares, a drop of 97.5% from the December 31st total of 11,800 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is presently 0.0 days.

Hugo Boss Price Performance

BOSSY opened at $8.96 on Thursday. The company has a fifty day moving average price of $8.67 and a two-hundred day moving average price of $8.58. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.60 and a current ratio of 1.61. The firm has a market capitalization of $3.09 billion, a PE ratio of 13.37 and a beta of 1.03. Hugo Boss has a 52 week low of $6.59 and a 52 week high of $13.86.

Hugo Boss (OTCMKTS:BOSSY) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.17 EPS for the quarter. Hugo Boss had a return on equity of 16.17% and a net margin of 5.08%. The business had revenue of $1.13 billion during the quarter. As a group, analysts anticipate that Hugo Boss will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

BOSSY has been the subject of a number of research analyst reports. Citigroup raised shares of Hugo Boss to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group raised Hugo Boss from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd.

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.