Olympus Co. (OTCMKTS:OLYMY) Sees Significant Increase in Short Interest

Olympus Co. (OTCMKTS:OLYMY) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,922 shares, an increase of 79.5% from the January 29th total of 1,628 shares. Based on an average daily volume of 212,625 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 212,625 shares, the short-interest ratio is presently 0.0 days.

Olympus Stock Performance

OTCMKTS OLYMY opened at $9.75 on Friday. The stock’s 50-day moving average is $11.96 and its two-hundred day moving average is $12.36. Olympus has a fifty-two week low of $9.17 and a fifty-two week high of $14.55.

Olympus Company Profile

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.