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

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSCGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 152,300 shares, a drop of 15.3% from the January 31st total of 179,900 shares. Based on an average daily trading volume, of 58,300 shares, the short-interest ratio is presently 2.6 days.

B.O.S. Better Online Solutions Stock Performance

B.O.S. Better Online Solutions stock opened at $3.69 on Wednesday. B.O.S. Better Online Solutions has a fifty-two week low of $2.50 and a fifty-two week high of $4.30. The stock has a market cap of $21.26 million, a price-to-earnings ratio of 9.46 and a beta of 0.86. The stock’s 50 day simple moving average is $3.75 and its two-hundred day simple moving average is $3.29. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.73 and a current ratio of 2.49.

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

An institutional investor recently raised its position in B.O.S. Better Online Solutions stock. Janney Montgomery Scott LLC grew its holdings in shares of B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSCFree Report) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 638,700 shares of the communications equipment provider’s stock after buying an additional 11,850 shares during the period. Janney Montgomery Scott LLC owned 11.11% of B.O.S. Better Online Solutions worth $1,884,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 15.06% of the company’s stock.

About B.O.S. Better Online Solutions

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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.

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