Optex Systems Holdings, Inc (NASDAQ:OPXS) Short Interest Update

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, a growth of 14.3% from the January 15th total of 1,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is presently 0.1 days.

Optex Systems Trading Up 0.2 %

Shares of NASDAQ OPXS traded up $0.01 during trading on Friday, reaching $6.14. 11,740 shares of the company traded hands, compared to its average volume of 16,351. The stock has a market cap of $42.37 million, a P/E ratio of 11.16 and a beta of 0.34. The firm’s fifty day simple moving average is $7.05 and its 200 day simple moving average is $7.80. Optex Systems has a 12-month low of $5.86 and a 12-month high of $10.30.

Optex Systems (NASDAQ:OPXS) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.12 earnings per share (EPS) for the quarter. Optex Systems had a return on equity of 22.21% and a net margin of 11.08%.

Insider Buying and Selling at Optex Systems

In related news, insider Topline Capital Management, Ll sold 12,488 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $7.01, for a total transaction of $87,540.88. Following the completion of the transaction, the insider now owns 793,575 shares of the company’s stock, valued at $5,562,960.75. This trade represents a 1.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 30.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Optex Systems

Several institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of Optex Systems by 22.5% during the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock valued at $149,000 after purchasing an additional 4,000 shares in the last quarter. IFP Advisors Inc purchased a new position in shares of Optex Systems during the 4th quarter valued at approximately $71,000. Geode Capital Management LLC increased its holdings in shares of Optex Systems by 44.7% during the 3rd quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock valued at $431,000 after purchasing an additional 17,472 shares in the last quarter. Evernest Financial Advisors LLC purchased a new position in shares of Optex Systems during the 4th quarter valued at approximately $180,000. Finally, Topline Capital Management LLC purchased a new position in shares of Optex Systems during the 4th quarter valued at approximately $5,350,000. 19.07% of the stock is owned by hedge funds and other institutional investors.

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.