Hugo Boss AG (OTCMKTS:BOSSY) Short Interest Up 1,585.7% in December

Hugo Boss AG (OTCMKTS:BOSSY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 11,800 shares, an increase of 1,585.7% from the November 30th total of 700 shares. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

BOSSY has been the subject of a number of recent analyst reports. Citigroup upgraded shares of Hugo Boss to a “hold” rating in a report on Wednesday, October 2nd. UBS Group upgraded Hugo Boss from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd.

Hugo Boss Stock Down 1.6 %

BOSSY opened at $9.05 on Friday. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 13.51 and a beta of 1.10. The firm has a 50 day moving average price of $8.65 and a 200-day moving average price of $8.66. Hugo Boss has a twelve month low of $6.59 and a twelve month high of $14.83. The company has a quick ratio of 0.62, a current ratio of 1.61 and a debt-to-equity ratio of 0.79.

Hugo Boss (OTCMKTS:BOSSY) last announced its earnings results on Tuesday, November 5th. The company reported $0.17 earnings per share for the quarter. The business had revenue of $1.13 billion during the quarter. Hugo Boss had a net margin of 5.08% and a return on equity of 16.17%. Equities research analysts forecast that Hugo Boss will post 0.64 earnings per share for the current year.

About Hugo Boss

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.