Syntec Optics Holdings, Inc. (NASDAQ:OPTX) Short Interest Down 47.9% in January

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 139,800 shares, a drop of 47.9% from the December 31st total of 268,200 shares. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,850,000 shares, the short-interest ratio is presently 0.0 days.

Syntec Optics Price Performance

OPTX traded down $0.13 on Friday, reaching $2.12. The company had a trading volume of 111,876 shares, compared to its average volume of 277,923. The company has a current ratio of 1.34, a quick ratio of 0.63 and a debt-to-equity ratio of 0.38. Syntec Optics has a 52-week low of $0.85 and a 52-week high of $8.39. The business has a 50 day simple moving average of $2.05 and a 200 day simple moving average of $1.61.

About Syntec Optics

Syntec Optics Holdings, Inc manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials.