B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Sees Significant Increase in Short Interest

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 73,300 shares, a growth of 12.1% from the November 30th total of 65,400 shares. Based on an average daily volume of 22,200 shares, the days-to-cover ratio is currently 3.3 days.

B.O.S. Better Online Solutions Stock Performance

Shares of NASDAQ:BOSC traded up $0.05 during trading on Tuesday, reaching $3.30. The company had a trading volume of 17,509 shares, compared to its average volume of 17,539. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.73. The stock’s fifty day moving average price is $3.20 and its 200 day moving average price is $3.00. B.O.S. Better Online Solutions has a fifty-two week low of $2.50 and a fifty-two week high of $3.49. The firm has a market capitalization of $19.01 million, a price-to-earnings ratio of 8.46 and a beta of 0.90.

Institutional Trading of B.O.S. Better Online Solutions

Hedge funds have recently made changes to their positions in the company. Dynamic Advisor Solutions LLC raised its holdings in B.O.S. Better Online Solutions by 278.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after purchasing an additional 27,800 shares in the last quarter. Renaissance Technologies LLC increased its position in B.O.S. Better Online Solutions by 4.6% during the 2nd quarter. Renaissance Technologies LLC now owns 160,211 shares of the communications equipment provider’s stock worth $450,000 after purchasing an additional 7,095 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of B.O.S. Better Online Solutions by 1.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock worth $1,884,000 after buying an additional 11,850 shares in the last quarter. Institutional investors and hedge funds own 15.06% of the company’s stock.

About B.O.S. Better Online Solutions

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions.