B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Short Interest Update

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 73,300 shares, an increase 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.

Institutional Investors Weigh In On B.O.S. Better Online Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dynamic Advisor Solutions LLC grew its holdings in shares of B.O.S. Better Online Solutions by 278.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,800 shares of the communications equipment provider’s stock worth $112,000 after acquiring an additional 27,800 shares during the period. Renaissance Technologies LLC boosted its position in B.O.S. Better Online Solutions by 4.6% during the second 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 in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in B.O.S. Better Online Solutions by 1.9% in the third quarter. Janney Montgomery Scott LLC now owns 638,700 shares of the communications equipment provider’s stock valued at $1,884,000 after purchasing an additional 11,850 shares during the last quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.

B.O.S. Better Online Solutions Price Performance

Shares of BOSC traded up $0.05 during trading hours 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 market capitalization of $19.01 million, a price-to-earnings ratio of 8.46 and a beta of 0.90. B.O.S. Better Online Solutions has a 12-month low of $2.50 and a 12-month high of $3.49. The firm has a 50 day simple moving average of $3.20 and a 200-day simple moving average of $3.00. The company has a current ratio of 2.49, a quick ratio of 1.73 and a debt-to-equity ratio of 0.05.

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.