Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 437 shares, a decrease of 27.3% from the January 15th total of 601 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 86 shares, the short-interest ratio is currently 5.1 days. Based on an average daily volume of 86 shares, the short-interest ratio is currently 5.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

BOSSY has been the topic of several recent analyst reports. Royal Bank Of Canada downgraded shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a report on Monday, January 26th. Kepler Capital Markets upgraded Hugo Boss to a “hold” rating in a research note on Monday, December 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Hugo Boss currently has an average rating of “Hold”.

Hugo Boss Price Performance

OTCMKTS:BOSSY opened at $8.85 on Friday. The company’s fifty day moving average price is $8.49 and its 200-day moving average price is $9.07. Hugo Boss has a 1-year low of $6.92 and a 1-year high of $10.21. The firm has a market capitalization of $3.05 billion, a P/E ratio of 12.29 and a beta of 0.63.

About Hugo Boss

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.