Short Interest in Hugo Boss AG (OTCMKTS:BOSSY) Increases By 200.0%

Hugo Boss AG (OTCMKTS:BOSSY - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 300 shares, an increase of 200.0% from the April 30th total of 100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 0.2 days.

Hugo Boss Price Performance

Shares of OTCMKTS:BOSSY traded down $0.50 during trading on Friday, reaching $9.35. 396 shares of the company traded hands, compared to its average volume of 7,795. The company's 50 day moving average is $8.30 and its two-hundred day moving average is $8.63. The firm has a market capitalization of $3.23 billion, a PE ratio of 13.96 and a beta of 0.77. The company has a quick ratio of 0.60, a current ratio of 1.61 and a debt-to-equity ratio of 0.79. Hugo Boss has a 52 week low of $6.59 and a 52 week high of $10.78.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.01 billion. Hugo Boss had a return on equity of 16.17% and a net margin of 5.08%. As a group, sell-side analysts predict that Hugo Boss will post 0.63 earnings per share for the current year.

Hugo Boss Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 20th were given a dividend of $0.2129 per share. This is an increase from Hugo Boss's previous dividend of $0.19. This represents a dividend yield of 2.33%. The ex-dividend date was Monday, May 19th. Hugo Boss's dividend payout ratio is currently 31.82%.

Analyst Ratings Changes

Separately, UBS Group downgraded Hugo Boss from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 14th.

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.