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

Hoya Corp. (OTCMKTS:HOCPY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 10,946 shares, an increase of 209.6% from the August 15th total of 3,535 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 46,863 shares, the short-interest ratio is presently 0.2 days.

Hoya Trading Up 0.9%

OTCMKTS:HOCPY traded up $1.26 during trading hours on Friday, reaching $148.91. The company’s stock had a trading volume of 29,564 shares, compared to its average volume of 29,016. The firm has a 50-day simple moving average of $156.42 and a 200-day simple moving average of $167.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.20 and a current ratio of 4.91. Hoya has a 1 year low of $134.32 and a 1 year high of $190.18. The firm has a market capitalization of $49.86 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 3.07 and a beta of 0.96.

Hoya (OTCMKTS:HOCPY) last issued its earnings results on Friday, July 31st. The technology company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Research analysts expect that Hoya will post 5.26 EPS for the current fiscal year.

About Hoya

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.