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

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

Hermès International Société en commandite par actions Stock Down 2.4 %

OTCMKTS HESAY traded down $6.48 during trading on Wednesday, reaching $264.41. 47,764 shares of the company traded hands, compared to its average volume of 48,312. Hermès International Société en commandite par actions has a 1-year low of $206.66 and a 1-year high of $303.00. The stock’s 50 day moving average price is $277.66 and its two-hundred day moving average price is $245.79.

Analyst Upgrades and Downgrades

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 report on Wednesday, February 26th.

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.