Optex Systems Holdings Inc. (NASDAQ:OPXS) Short Interest Up 43.7% in January

Optex Systems Holdings Inc. (NASDAQ:OPXS) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 63,709 shares, a growth of 43.7% from the December 31st total of 44,349 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 73,720 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 73,720 shares, the short-interest ratio is currently 0.9 days. Approximately 1.3% of the company’s stock are short sold.

Optex Systems Price Performance

OPXS opened at $14.93 on Friday. The company has a market capitalization of $103.61 million, a PE ratio of 19.91 and a beta of 0.64. Optex Systems has a fifty-two week low of $5.36 and a fifty-two week high of $17.76. The business has a 50-day moving average of $14.44 and a 200-day moving average of $13.70.

Insider Activity at Optex Systems

In other news, Director Danny Robert Schoening sold 28,924 shares of Optex Systems stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $14.06, for a total transaction of $406,671.44. Following the transaction, the director owned 796,730 shares in the company, valued at approximately $11,202,023.80. The trade was a 3.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 110,578 shares of company stock valued at $1,510,898 over the last ninety days. Company insiders own 27.70% of the company’s stock.

Institutional Trading of Optex Systems

Several large investors have recently added to or reduced their stakes in the business. LSV Asset Management acquired a new stake in shares of Optex Systems in the 2nd quarter valued at $63,000. Vanguard Group Inc. raised its holdings in Optex Systems by 1.3% during the third quarter. Vanguard Group Inc. now owns 158,087 shares of the company’s stock valued at $2,038,000 after buying an additional 1,975 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Optex Systems by 454.3% in the second quarter. Osaic Holdings Inc. now owns 12,750 shares of the company’s stock worth $146,000 after buying an additional 10,450 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Optex Systems during the 2nd quarter worth about $304,000. Finally, Marshall Wace LLP bought a new stake in shares of Optex Systems during the 2nd quarter worth about $604,000. 19.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on OPXS. Weiss Ratings upgraded Optex Systems from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Wall Street Zen cut shares of Optex Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

About Optex Systems

Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.

Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.