Olympus Co. (OTCMKTS:OLYMY) Sees Large Growth in Short Interest

Olympus Co. (OTCMKTS:OLYMY) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,788 shares, a growth of 98.1% from the February 12th total of 2,922 shares. Based on an average trading volume of 335,701 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 335,701 shares, the days-to-cover ratio is presently 0.0 days.

Olympus Stock Performance

Shares of OTCMKTS OLYMY opened at $8.42 on Thursday. The business has a 50 day simple moving average of $11.33 and a 200-day simple moving average of $12.18. Olympus has a twelve month low of $8.36 and a twelve month 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.