Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Short Interest Update
by Scott Moore · The Cerbat GemHermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 8,552 shares, a drop of 55.1% from the May 14th total of 19,050 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 165,031 shares, the short-interest ratio is presently 0.1 days.
Hermes International Price Performance
Shares of OTCMKTS:HESAY traded up $2.46 during trading on Friday, reaching $196.12. The stock had a trading volume of 144,020 shares, compared to its average volume of 82,297. Hermes International has a 52 week low of $181.05 and a 52 week high of $289.87. The business’s 50-day moving average price is $191.98 and its 200 day moving average price is $222.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.19 and a current ratio of 4.99.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Kepler Capital Markets upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Zacks Research cut shares of Hermes International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Finally, HSBC upgraded shares of Hermes International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on HESAY
About Hermes International
Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.
Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.