Syntec Optics Holdings, Inc. (NASDAQ:OPTX) Short Interest Update

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 64,800 shares, a drop of 27.4% from the October 31st total of 89,200 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 42,500 shares, the days-to-cover ratio is presently 1.5 days.

Syntec Optics Stock Up 1.1 %

Shares of OPTX traded up $0.01 on Friday, reaching $0.88. The company’s stock had a trading volume of 73,692 shares, compared to its average volume of 198,626. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.63 and a current ratio of 1.34. The stock’s 50 day simple moving average is $1.27 and its two-hundred day simple moving average is $1.79. Syntec Optics has a 12-month low of $0.85 and a 12-month high of $8.39.

About Syntec Optics

Syntec Optics Holdings, Inc manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials.