Short Interest in Hermès International Société en commandite par actions (OTCMKTS:HESAY) Drops By 14.3%

Hermès International Société en commandite par actions (OTCMKTS:HESAY - Get Free Report) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 7,800 shares, a decline of 14.3% from the January 31st total of 9,100 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is currently 0.1 days.

Hermès International Société en commandite par actions Price Performance

HESAY traded down $0.84 on Friday, reaching $276.51. The stock had a trading volume of 64,749 shares, compared to its average volume of 47,728. The firm has a 50-day moving average of $269.73 and a 200-day moving average of $242.62. 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.

Analysts Set New Price Targets

Separately, Kepler Capital Markets cut Hermès International Société en commandite par actions from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 26th.

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.