Short Interest in HOYA Co. (OTCMKTS:HOCPY) Increases By 2,345.5%

HOYA Co. (OTCMKTS:HOCPY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 26,900 shares, a growth of 2,345.5% from the February 28th total of 1,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 90,700 shares, the days-to-cover ratio is currently 0.3 days.

HOYA Stock Performance

Shares of OTCMKTS:HOCPY traded down $2.47 during trading on Thursday, hitting $116.90. 18,255 shares of the stock traded hands, compared to its average volume of 32,936. The company has a quick ratio of 4.35, a current ratio of 5.04 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $124.30 and a two-hundred day moving average price of $129.94. HOYA has a 52-week low of $108.12 and a 52-week high of $148.27. The company has a market cap of $40.43 billion, a price-to-earnings ratio of 29.75, a P/E/G ratio of 2.38 and a beta of 0.83.

HOYA (OTCMKTS:HOCPY) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.94. HOYA had a net margin of 24.17% and a return on equity of 21.34%. As a group, equities analysts predict that HOYA will post 3.66 EPS for the current 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.