HOYA Co. (OTCMKTS:HOCPY) Sees Significant Growth in Short Interest

HOYA Co. (OTCMKTS:HOCPY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 9,000 shares, an increase of 246.2% from the December 31st total of 2,600 shares. Based on an average daily volume of 41,300 shares, the days-to-cover ratio is presently 0.2 days.

HOYA Stock Performance

Shares of OTCMKTS HOCPY traded up $1.43 during trading on Wednesday, reaching $137.42. 11,880 shares of the company traded hands, compared to its average volume of 21,811. The firm’s fifty day simple moving average is $129.92 and its 200 day simple moving average is $132.48. The company has a current ratio of 5.14, a quick ratio of 4.43 and a debt-to-equity ratio of 0.02. The stock has a market cap of $47.87 billion, a P/E ratio of 36.84, a PEG ratio of 2.66 and a beta of 0.82. HOYA has a 12-month low of $108.12 and a 12-month high of $148.27.

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.