Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Key Points

• Hugo Boss experienced a significant decline in short interest in September, with total short interest falling by 80% to just 600 shares.
• The company's stock price decreased by 2.8%, and as of the last report, it opened at $9.71.
• Hugo Boss reported a revenue of $1.16 billion in its last quarterly earnings, surpassing analysts' expectations of $996.28 million.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 600 shares, a decline of 80.0% from the September 15th total of 3,000 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is currently 0.3 days.

Hugo Boss Stock Down 2.8%

Shares of Hugo Boss stock opened at $9.71 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.54 and a quick ratio of 0.58. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 14.07 and a beta of 0.87. The firm's 50-day moving average is $9.69 and its two-hundred day moving average is $9.19. Hugo Boss has a 1 year low of $6.59 and a 1 year high of $10.21.

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

Hugo Boss Company Profile

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.

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