Short Interest in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Increases By 8.8%

B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,500 shares, a growth of 8.8% from the March 15th total of 26,200 shares. Based on an average daily volume of 15,600 shares, the days-to-cover ratio is currently 1.8 days.

B.O.S. Better Online Solutions Price Performance

NASDAQ:BOSC opened at $2.81 on Wednesday. B.O.S. Better Online Solutions has a 52 week low of $2.39 and a 52 week high of $4.16. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $16.13 million, a P/E ratio of 8.25 and a beta of 0.82. The stock’s fifty day moving average is $2.79 and its two-hundred day moving average is $2.82.

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

A hedge fund recently raised its stake in B.O.S. Better Online Solutions stock. UBS Group AG grew its position in B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) by 22,141.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,233 shares of the communications equipment provider’s stock after buying an additional 12,178 shares during the quarter. UBS Group AG owned 0.24% of B.O.S. Better Online Solutions worth $27,000 as of its most recent filing with the Securities and Exchange Commission. 15.06% of the stock is currently owned by institutional investors.

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.