Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY) Short Interest Up 209.4% in August

Key Points

• Hermes International SA experienced a significant increase in short interest of 209.4% in August, rising from 3,200 shares to 9,900 shares.
• The company's stock is currently down 0.7%, trading at $246.00, with an average trading volume of 48,233 shares.
• Analysts have mixed ratings on the stock, with several downgrading it to a "hold" rating, resulting in an average rating of "Hold."

Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,900 shares, an increase of 209.4% from the August 15th total of 3,200 shares. Based on an average trading volume of 79,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 79,900 shares, the short-interest ratio is presently 0.1 days.

Hermes International Stock Down 0.7%

HESAY stock traded down $1.80 during mid-day trading on Friday, hitting $246.00. 24,520 shares of the company were exchanged, compared to its average volume of 48,233. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.26 and a quick ratio of 3.49. Hermes International has a twelve month low of $206.66 and a twelve month high of $303.00. The firm has a fifty day simple moving average of $256.88 and a 200 day simple moving average of $265.77.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HESAY shares. Hsbc Global Res downgraded Hermes International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 2nd. DZ Bank upgraded Hermes International from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 5th. Finally, UBS Group downgraded Hermes International from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 31st. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

About Hermes International

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.

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