Syntec Optics Holdings, Inc. (NASDAQ:OPTX) Sees Significant Decrease in Short Interest

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decrease of 59.1% from the May 31st total of 11,500 shares. Based on an average daily volume of 548,700 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the shares of the company are sold short.

Syntec Optics Stock Performance

Shares of NASDAQ:OPTX opened at $3.36 on Friday. The business has a 50 day moving average price of $3.03 and a 200 day moving average price of $4.17. Syntec Optics has a twelve month low of $2.03 and a twelve 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 quarterly earnings data on Thursday, May 23rd. The company reported ($0.03) EPS for the quarter. The business 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.