Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,032 shares, an increase of 115.9% from the March 15th total of 478 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 544 shares, the short-interest ratio is presently 1.9 days.

Hugo Boss Trading Up 2.9%

OTCMKTS:BOSSY opened at $8.84 on Friday. The company has a market capitalization of $3.05 billion, a P/E ratio of 10.66 and a beta of 0.61. Hugo Boss has a 12 month low of $7.63 and a 12 month high of $10.21. The business’s 50-day moving average is $8.60 and its 200 day moving average is $8.76.

Hugo Boss (OTCMKTS:BOSSY) last posted its earnings results on Tuesday, March 10th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.20 billion. Hugo Boss had a return on equity of 17.88% and a net margin of 5.92%. On average, research analysts forecast that Hugo Boss will post 0.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada lowered Hugo Boss from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.