HOYA Co. (OTCMKTS:HOCPY) Short Interest Down 66.7% in August

HOYA Co. (OTCMKTS:HOCPY) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 5,100 shares, a decrease of 66.7% from the August 15th total of 15,300 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is presently 0.2 days.

HOYA Price Performance

Shares of OTCMKTS HOCPY traded down $2.16 during mid-day trading on Friday, reaching $134.88. The company’s stock had a trading volume of 8,236 shares, compared to its average volume of 25,060. The stock has a 50-day moving average of $130.76 and a two-hundred day moving average of $124.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.43 and a current ratio of 5.14. The stock has a market capitalization of $47.34 billion, a P/E ratio of 37.78, a P/E/G ratio of 2.73 and a beta of 0.84. HOYA has a 1-year low of $95.04 and a 1-year high of $146.02.

HOYA (OTCMKTS:HOCPY) last released its earnings results on Thursday, August 1st. The technology company reported $0.86 earnings per share for the quarter. The business had revenue of $1.37 billion for the quarter. HOYA had a net margin of 23.32% and a return on equity of 20.72%. On average, equities research analysts anticipate that HOYA will post 3.5 EPS for the current fiscal 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.