Short Interest in Hugo Boss (OTCMKTS:BOSSY) Declines By 52.0%

Key Points

• Short interest in Hugo Boss decreased by 52% in August, with current short interest totaling 1,200 shares compared to 2,500 shares in July.
• The company's earnings report for the quarter showed earnings per share of $0.15, in line with analysts' expectations, and revenue of $1.16 billion, exceeding forecasts.
• Hugo Boss stock opened at $9.79, with a market cap of $3.38 billion and a price-to-earnings ratio of 14.19.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 1,200 shares, adecreaseof52.0% from the July 31st total of 2,500 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 0.9 days.

Hugo Boss Stock Performance

Shares of BOSSY stock opened at $9.79 on Friday. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 14.19 and a beta of 0.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.58 and a current ratio of 1.54. Hugo Boss has a 52 week low of $6.59 and a 52 week high of $10.21. The firm's 50-day simple moving average is $9.68 and its two-hundred day simple moving average is $8.97.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last released 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 net margin of 5.15% and a return on equity of 15.57%. The firm had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $996.28 million. As a group, equities analysts forecast that Hugo Boss will post 0.63 earnings per share for the current 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.

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