Hugo Boss (OTCMKTS:BOSSY) Sees Large Increase in Short Interest

Key Points

• Hugo Boss saw a 125.0% increase in short interest during August, rising from 1,200 shares to 2,700 shares, with a days-to-cover ratio of 2.1 days based on an average daily volume of 1,300 shares.
• The company's earnings per share for the last quarter met analysts' expectations at $0.15, while revenue surpassed expectations at $1.16 billion compared to the forecast of $996.28 million.
• Hugo Boss's stock price remained stable at $9.75 with a market capitalization of $3.36 billion, and it has a 1-year trading range between $6.59 and $10.21.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,700 shares, an increase of 125.0% from the August 15th total of 1,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.0% of the shares of the company are short sold.

Hugo Boss Stock Performance

Shares of BOSSY stock traded up $0.09 during trading hours on Thursday, reaching $10.08. 1,026 shares of the company's stock were exchanged, compared to its average volume of 5,385. The company has a market cap of $3.48 billion, a P/E ratio of 14.61 and a beta of 0.90. The company's 50 day moving average is $9.70 and its two-hundred day moving average is $8.99. Hugo Boss has a 1 year low of $6.59 and a 1 year high of $10.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.54 and a quick ratio of 0.58.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.15 earnings per share for the quarter, meeting analysts' consensus estimates of $0.15. Hugo Boss had a return on equity of 15.57% and a net margin of 5.15%.The firm had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $996.28 million. Equities research analysts anticipate that Hugo Boss will post 0.63 EPS for the current fiscal 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.