Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Sees Significant Increase in Short Interest

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 40,923 shares, a growth of 102.5% from the April 15th total of 20,205 shares. Based on an average daily volume of 120,073 shares, the days-to-cover ratio is presently 0.3 days.

Syntec Optics Price Performance

OPTXW traded down $0.12 during trading on Friday, reaching $1.03. The company’s stock had a trading volume of 73,604 shares, compared to its average volume of 123,769. Syntec Optics has a 52-week low of $0.04 and a 52-week high of $2.01. The company’s fifty day moving average price is $1.30 and its 200-day moving average price is $0.81.

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.