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

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 99,600 shares, an increase of 2,019.1% from the June 15th total of 4,700 shares. Approximately 3.3% of the shares of the stock are short sold. Based on an average trading volume of 594,000 shares, the short-interest ratio is presently 0.2 days.

Syntec Optics Trading Down 1.5 %

Shares of OPTX stock traded down $0.03 during mid-day trading on Friday, hitting $1.95. The company had a trading volume of 703,387 shares, compared to its average volume of 304,095. The stock’s 50 day moving average price is $2.81 and its 200-day moving average price is $3.96. Syntec Optics has a 52-week low of $1.81 and a 52-week high of $19.50. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.39 and a quick ratio of 0.73.

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