HOYA Co. (OTCMKTS:HOCPY) Short Interest Up 53.3% in July

HOYA Co. (OTCMKTS:HOCPY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 13,800 shares, a growth of 53.3% from the June 30th total of 9,000 shares. Based on an average daily volume of 42,200 shares, the short-interest ratio is currently 0.3 days.

HOYA Price Performance

Shares of HOYA stock opened at $120.92 on Monday. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.11. The business’s 50 day simple moving average is $120.69 and its two-hundred day simple moving average is $121.98. The stock has a market capitalization of $42.44 billion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 3.07 and a beta of 0.82. HOYA has a one year low of $95.04 and a one year high of $135.00.

HOYA (OTCMKTS:HOCPY) last announced its quarterly earnings results on Wednesday, May 15th. The technology company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.27. HOYA had a return on equity of 20.47% and a net margin of 22.83%. The business had revenue of $1.39 billion for the quarter. Analysts forecast that HOYA will post 3.45 EPS for the current 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.