Hermès International Société en commandite par actions (OTCMKTS:HESAY) Short Interest Down 83.8% in March

Hermès International Société en commandite par actions (OTCMKTS:HESAY - Get Free Report) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 7,700 shares, a decline of 83.8% from the February 28th total of 47,600 shares. Based on an average daily trading volume, of 95,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

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

Hermès International Société en commandite par actions Price Performance

Shares of Hermès International Société en commandite par actions stock traded down $2.84 during trading on Friday, reaching $263.66. 27,851 shares of the company's stock were exchanged, compared to its average volume of 47,747. The firm's 50-day moving average price is $278.00 and its 200 day moving average price is $246.56. 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.