Syntec Optics Holdings, Inc. (NASDAQ:OPTX) Short Interest Down 59.1% in June

Syntec Optics Holdings, Inc. (NASDAQ:OPTX) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 4,700 shares, a decrease of 59.1% from the May 31st total of 11,500 shares. Based on an average trading volume of 548,700 shares, the short-interest ratio is presently 0.0 days. Currently, 0.2% of the shares of the stock are sold short.

Syntec Optics Trading Down 9.2 %

Shares of OPTX stock traded down $0.31 during mid-day trading on Friday, hitting $3.05. 318,305 shares of the stock were exchanged, compared to its average volume of 1,853,777. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 0.25. Syntec Optics has a 52-week low of $2.03 and a 52-week high of $19.50. The firm has a fifty day moving average of $3.03 and a 200 day moving average of $4.14.

Syntec Optics (NASDAQ:OPTX) last issued its quarterly earnings data on Thursday, May 23rd. The company reported ($0.03) EPS for the quarter. The business had revenue of $6.26 million during the quarter.

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.