Short Interest in Hugo Boss (OTCMKTS:BOSSY) Decreases By 27.3%

Hugo Boss (OTCMKTS:BOSSY) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 437 shares, a decline of 27.3% from the January 15th total of 601 shares. Based on an average trading volume of 86 shares, the days-to-cover ratio is currently 5.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 86 shares, the days-to-cover ratio is currently 5.1 days.

Analyst Upgrades and Downgrades

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

Hugo Boss Trading Down 0.3%

Shares of BOSSY stock opened at $8.85 on Friday. Hugo Boss has a 12-month low of $6.92 and a 12-month high of $10.21. The business’s 50 day moving average is $8.49 and its two-hundred day moving average is $9.07. The company has a market capitalization of $3.05 billion, a P/E ratio of 12.29 and a beta of 0.63.

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.