Optex Systems Holdings, Inc (NASDAQ:OPXS) Sees Large Decrease in Short Interest

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 5,200 shares, a decline of 52.7% from the August 31st total of 11,000 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 24,800 shares, the short-interest ratio is currently 0.2 days.

Optex Systems Stock Down 1.6 %

OPXS traded down $0.12 on Thursday, hitting $7.53. 22,251 shares of the company traded hands, compared to its average volume of 23,410. The company has a 50 day moving average of $7.87 and a 200-day moving average of $7.63. The stock has a market capitalization of $51.73 million, a PE ratio of 14.48 and a beta of 0.28. Optex Systems has a 12-month low of $3.62 and a 12-month high of $8.99.

Optex Systems (NASDAQ:OPXS) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.18 EPS for the quarter. The firm had revenue of $9.06 million during the quarter. Optex Systems had a return on equity of 26.20% and a net margin of 12.83%.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.