Short Interest in Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Declines By 53.2%

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,267 shares, a drop of 53.2% from the November 30th total of 6,979 shares. Based on an average daily trading volume, of 12,674 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 12,674 shares, the short-interest ratio is currently 0.3 days.

Syntec Optics Price Performance

OPTXW traded up $0.03 on Monday, reaching $0.27. The company had a trading volume of 58,816 shares, compared to its average volume of 33,072. Syntec Optics has a 1 year low of $0.03 and a 1 year high of $0.31. The stock has a 50-day moving average price of $0.19 and a 200-day moving average price of $0.12.

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.