Short Interest in Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY) Increases By 168.6%

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 increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,400 shares, anincreaseof168.6% from the June 30th total of 3,500 shares. Based on an average daily trading volume, of 76,700 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 76,700 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HESAY shares. UBS Group lowered Hermes International from a "strong-buy" rating to a "hold" rating in a report on Thursday. Royal Bank Of Canada upgraded Hermes International to a "moderate buy" rating in a report on Monday, May 12th.

Hermes International Stock Down 2.1%

OTCMKTS:HESAY opened at $240.11 on Monday. Hermes International has a 52 week low of $206.66 and a 52 week high of $303.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.49 and a current ratio of 4.26. The stock's 50-day moving average price is $270.77 and its 200-day moving average price is $272.90.

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.

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