Hermès International Société en commandite par actions (OTCMKTS:HESAY) Sees Significant Growth in Short Interest

Hermès International Société en commandite par actions (OTCMKTS:HESAY - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 47,600 shares, an increase of 510.3% from the February 13th total of 7,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 150,200 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets lowered shares of 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

Shares of OTCMKTS:HESAY traded up $6.79 during trading hours on Friday, hitting $273.75. The stock had a trading volume of 48,465 shares, compared to its average volume of 47,963. The stock's fifty day simple moving average is $273.14 and its 200 day simple moving average is $243.59. Hermès International Société en commandite par actions has a 1-year low of $206.66 and a 1-year high of $303.00.

Hermès International Société en commandite par actions Company Profile

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.