Short Interest in Syntec Optics Holdings, Inc. (NASDAQ:OPTX) Increases By 48.9%

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 96,500 shares, a growth of 48.9% from the November 15th total of 64,800 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 62,000 shares, the short-interest ratio is currently 1.6 days.

Syntec Optics Price Performance

Shares of Syntec Optics stock traded up $0.02 on Friday, hitting $1.04. 35,709 shares of the company traded hands, compared to its average volume of 241,808. 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 12-month low of $0.85 and a 12-month high of $8.39. The company has a 50-day moving average price of $1.22 and a 200 day moving average price of $1.64.

Syntec Optics Company Profile

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.