Hermès International Société en commandite par actions (OTCMKTS:HESAY) Short Interest Update

Hermès International Société en commandite par actions (OTCMKTS:HESAY) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,700 shares, a drop of 83.8% from the February 28th total of 47,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 95,800 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets downgraded Hermès International Société en commandite par actions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 26th.

Hermès International Société en commandite par actions Price Performance

OTCMKTS:HESAY traded down $6.48 during midday trading on Thursday, hitting $264.41. The company’s stock had a trading volume of 47,764 shares, compared to its average volume of 48,312. Hermès International Société en commandite par actions has a fifty-two week low of $206.66 and a fifty-two week high of $303.00. The firm’s 50 day moving average is $277.66 and its 200-day moving average is $245.79.

About Hermès International Société en commandite par actions

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.