Short Interest in Optex Systems Holdings, Inc (NASDAQ:OPXS) Declines By 46.2%

Optex Systems Holdings, Inc (NASDAQ:OPXS) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 46.2% from the December 31st total of 2,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 28,100 shares, the days-to-cover ratio is currently 0.0 days.

Insider Activity

In other Optex Systems news, insider Topline Capital Management, Ll sold 13,674 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $7.24, for a total value of $98,999.76. Following the transaction, the insider now directly owns 779,901 shares in the company, valued at $5,646,483.24. The trade was a 1.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 30.30% of the company’s stock.

Institutional Investors Weigh In On Optex Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Essex Investment Management Co. LLC grew its stake in shares of Optex Systems by 58.3% during the third quarter. Essex Investment Management Co. LLC now owns 22,652 shares of the company’s stock valued at $173,000 after purchasing an additional 8,346 shares during the last quarter. Evernest Financial Advisors LLC acquired a new position in Optex Systems during the 4th quarter worth $180,000. Finally, Geode Capital Management LLC boosted its position in Optex Systems by 44.7% in the 3rd quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock valued at $431,000 after buying an additional 17,472 shares during the last quarter. Institutional investors and hedge funds own 19.07% of the company’s stock.

Optex Systems Trading Down 0.3 %

NASDAQ OPXS traded down $0.02 during trading hours on Friday, reaching $6.68. 5,880 shares of the company’s stock were exchanged, compared to its average volume of 18,616. The firm has a fifty day moving average of $7.49 and a 200-day moving average of $7.91. Optex Systems has a one year low of $5.45 and a one year high of $10.30. The stock has a market cap of $46.09 million, a PE ratio of 12.15 and a beta of 0.32.

Optex Systems (NASDAQ:OPXS) last announced its earnings results on Thursday, December 19th. The company reported $0.15 EPS for the quarter. Optex Systems had a return on equity of 22.21% and a net margin of 11.08%.

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.