Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY) Short Interest Update

Key Points

• Short interest in Hermes International SA has increased by 168.6% in July, reaching a total of 9,400 shares compared to 3,500 shares at the end of June.
• Analysts have mixed views on HESAY shares, with UBS Group downgrading its rating to "hold" while the Royal Bank of Canada upgraded it to a "moderate buy."
• The stock's price has decreased by 2.1%, currently trading at $240.11, with its 52-week high recorded at $303.00.

Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY - Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,400 shares, agrowthof168.6% from the June 30th total of 3,500 shares. Based on an average daily trading volume, of 76,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 76,700 shares, the days-to-cover ratio is presently 0.1 days.

Hermes International Stock Performance

Shares of HESAY traded down $0.39 during mid-day trading on Friday, hitting $246.65. 24,908 shares of the company's stock traded hands, compared to its average volume of 48,286. The business's 50-day moving average price is $268.76 and its 200-day moving average price is $272.34. 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 1 year low of $206.66 and a 1 year high of $303.00.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Royal Bank Of Canada raised shares of Hermes International to a "moderate buy" rating in a research report on Monday, May 12th. DZ Bank upgraded shares of Hermes International from a "strong sell" rating to a "hold" rating in a report on Tuesday. Finally, UBS Group cut shares of Hermes International from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 31st.

Hermes International Company Profile

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.