Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Sees Large Decrease in Short Interest

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 5,644 shares, a decrease of 53.2% from the July 30th total of 12,049 shares. Based on an average daily trading volume, of 34,226 shares, the days-to-cover ratio is presently 0.2 days.

Syntec Optics Stock Performance

Shares of Syntec Optics stock traded down $0.07 during trading on Monday, hitting $1.36. 19,398 shares of the stock traded hands, compared to its average volume of 104,237. The stock’s fifty day simple moving average is $1.52 and its 200 day simple moving average is $1.49. Syntec Optics has a 52-week low of $0.06 and a 52-week high of $3.48.

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.