Optex Systems Holdings, Inc (NASDAQ:OPXS) Short Interest Up 14.3% in January

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,600 shares, an increase of 14.3% from the January 15th total of 1,400 shares. Based on an average trading volume of 25,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Optex Systems Stock Performance

Shares of NASDAQ OPXS opened at $6.14 on Monday. The firm has a fifty day moving average of $7.05 and a 200 day moving average of $7.80. The firm has a market cap of $42.37 million, a PE ratio of 11.16 and a beta of 0.34. Optex Systems has a one year low of $5.86 and a one year high of $10.30.

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

Insiders Place Their Bets

In other news, insider Topline Capital Management, Ll sold 13,674 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $7.24, for a total value of $98,999.76. Following the completion of the sale, the insider now directly owns 779,901 shares in the company, valued at $5,646,483.24. The trade was a 1.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 30.30% of the company’s stock.

Hedge Funds Weigh In On Optex Systems

A number of hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of Optex Systems by 44.7% in the third quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock worth $431,000 after acquiring an additional 17,472 shares during the last quarter. Evernest Financial Advisors LLC purchased a new position in Optex Systems in the 4th quarter valued at $180,000. LPL Financial LLC boosted its stake in Optex Systems by 22.5% during the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock worth $149,000 after purchasing an additional 4,000 shares during the last quarter. Topline Capital Management LLC purchased a new stake in shares of Optex Systems during the fourth quarter worth $5,350,000. Finally, IFP Advisors Inc acquired a new stake in shares of Optex Systems in the fourth quarter valued at about $71,000. Institutional investors and hedge funds own 19.07% of the company’s stock.

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.