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

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 99,600 shares, a growth of 2,019.1% from the June 15th total of 4,700 shares. Currently, 3.3% of the company’s shares are sold short. Based on an average trading volume of 594,000 shares, the days-to-cover ratio is currently 0.2 days.

Syntec Optics Price Performance

Shares of Syntec Optics stock opened at $1.94 on Friday. The business has a 50-day moving average of $2.78 and a 200 day moving average of $3.93. Syntec Optics has a 12 month low of $1.81 and a 12 month high of $19.50. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.73 and a current ratio of 1.39.

Syntec Optics (NASDAQ:OPTX) last announced its earnings results on Thursday, May 23rd. The company reported ($0.03) EPS for the quarter. The company had revenue of $6.26 million during the quarter.

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.