Hermès International Société en commandite par actions (OTCMKTS:HESAY) Sees Large Decline in Short Interest

Hermès International Société en commandite par actions (OTCMKTS:HESAY) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 7,800 shares, a decline of 14.3% from the January 31st total of 9,100 shares. Based on an average daily volume of 56,600 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets cut shares of Hermès International Société en commandite par actions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 26th.

Hermès International Société en commandite par actions Price Performance

Hermès International Société en commandite par actions stock traded up $3.22 during mid-day trading on Thursday, reaching $291.01. 24,684 shares of the company were exchanged, compared to its average volume of 47,428. The company has a fifty day simple moving average of $268.34 and a 200-day simple moving average of $242.11. Hermès International Société en commandite par actions has a 12 month low of $206.66 and a 12 month high of $303.00.

Hermès International Société en commandite par actions 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.