HOYA Co. (OTCMKTS:HOCPY) Sees Large Growth in Short Interest

HOYA Co. (OTCMKTS:HOCPY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 26,900 shares, an increase of 2,345.5% from the February 28th total of 1,100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 90,700 shares, the short-interest ratio is currently 0.3 days.

HOYA Trading Down 2.1 %

HOCPY stock traded down $2.47 during midday trading on Thursday, hitting $116.90. The company had a trading volume of 18,255 shares, compared to its average volume of 32,936. The stock has a market cap of $40.43 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 2.38 and a beta of 0.83. HOYA has a 52 week low of $108.12 and a 52 week high of $148.27. The company has a current ratio of 5.04, a quick ratio of 4.35 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average price is $124.30 and its 200 day moving average price is $129.94.

HOYA (OTCMKTS:HOCPY) last announced its quarterly earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.94. HOYA had a net margin of 24.17% and a return on equity of 21.34%. As a group, equities research analysts expect that HOYA will post 3.66 earnings per share for the current fiscal year.

HOYA Company Profile

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.