Short Interest in Olympus Co. (OTCMKTS:OLYMY) Decreases By 66.5%

Olympus Co. (OTCMKTS:OLYMYGet Free Report) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 15,789 shares, a drop of 66.5% from the November 30th total of 47,099 shares. Based on an average daily trading volume, of 84,770 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 84,770 shares, the days-to-cover ratio is presently 0.2 days.

Olympus Price Performance

OLYMY traded up $0.03 during trading on Friday, reaching $12.67. The stock had a trading volume of 25,366 shares, compared to its average volume of 109,101. Olympus has a one year low of $11.09 and a one year high of $15.90. The stock’s 50 day moving average is $12.90 and its two-hundred day moving average is $12.42.

Olympus Company Profile

(Get Free Report)

Olympus Corporation is a Tokyo-based manufacturer specializing in precision technology for the medical, scientific and industrial markets. Established in 1919, the company has built an international reputation for optical and digital imaging solutions that encompass endoscopic systems, microscopes, cameras and related accessories. Olympus leverages its expertise in optics, mechanics and electronics to develop instruments designed to advance diagnostics and scientific discovery.

In the healthcare sector, Olympus is best known for its endoscopy products and therapeutic solutions that support minimally invasive procedures in gastroenterology, pulmonology and urology.

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