Short Interest in Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Grows By 100.5%

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 9,735 shares, an increase of 100.5% from the February 12th total of 4,856 shares. Based on an average daily trading volume, of 35,104 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 35,104 shares, the days-to-cover ratio is currently 0.3 days.

Syntec Optics Trading Down 7.5%

NASDAQ:OPTXW traded down $0.08 during mid-day trading on Friday, hitting $0.93. 38,310 shares of the company’s stock traded hands, compared to its average volume of 125,908. The company has a fifty day moving average of $0.97 and a 200 day moving average of $0.44. Syntec Optics has a twelve month low of $0.03 and a twelve month high of $1.94.

About Syntec Optics

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.