Short Interest in Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY) Declines By 35.9%

Hermes International SA - Unsponsored ADR (OTCMKTS:HESAY - Get Free Report) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 9,300 shares, a drop of 35.9% from the May 15th total of 14,500 shares. Based on an average daily trading volume, of 100,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Hermes International Stock Down 0.4%

Hermes International stock traded down $0.98 during trading on Thursday, reaching $261.42. 31,319 shares of the company's stock were exchanged, compared to its average volume of 42,323. The company's 50-day moving average is $272.71 and its two-hundred day moving average is $265.10. The company has a quick ratio of 3.49, a current ratio of 4.26 and a debt-to-equity ratio of 0.11. Hermes International has a 52-week low of $206.66 and a 52-week high of $303.00.

Analysts Set New Price Targets

Several analysts have recently issued reports on HESAY shares. Royal Bank Of Canada upgraded Hermes International to a "moderate buy" rating in a research report on Monday, May 12th. Kepler Capital Markets downgraded Hermes International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 26th.

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.