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

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 10,948 shares, a decline of 73.2% from the April 30th total of 40,923 shares. Based on an average daily trading volume, of 70,880 shares, the short-interest ratio is presently 0.2 days.

Syntec Optics Stock Down 15.4%

Shares of NASDAQ OPTXW traded down $0.26 during trading on Friday, hitting $1.41. 30,619 shares of the company traded hands, compared to its average volume of 128,991. Syntec Optics has a 1 year low of $0.04 and a 1 year high of $2.01. The company has a 50-day moving average price of $1.39 and a 200-day moving average price of $0.90.

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.