Short Interest in Hoya Corp. (OTCMKTS:HOCPY) Increases By 209.6%

Hoya Corp. (OTCMKTS:HOCPY) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 10,946 shares, a growth of 209.6% from the August 15th total of 3,535 shares. Based on an average daily volume of 46,863 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Hoya Stock Up 0.9%

HOCPY traded up $1.26 during trading on Friday, reaching $148.91. The stock had a trading volume of 29,564 shares, compared to its average volume of 29,016. The company has a current ratio of 4.91, a quick ratio of 4.20 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $49.86 billion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 3.09 and a beta of 0.96. The stock’s 50 day moving average is $156.42 and its two-hundred day moving average is $167.66. Hoya has a one year low of $134.32 and a one year high of $190.18.

Hoya (OTCMKTS:HOCPY) last announced its earnings results on Friday, July 31st. The technology company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.10. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.55 billion. Hoya had a net margin of 27.58% and a return on equity of 25.78%. As a group, analysts expect that Hoya will post 5.26 earnings per share for the current year.

Hoya Company Profile

Hoya Corporation is a Japan-based global technology and healthcare company that develops and manufactures optical products. Its businesses serve the vision-care, medical, semiconductor and information-technology markets, with operations and customers in regions around the world.

Through its Life Care segment, Hoya provides prescription eyeglass lenses, contact lenses and related products, as well as medical equipment such as endoscopes and intraocular lenses used in ophthalmic procedures.