Olympus Co. (OTCMKTS:OLYMY – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 109,467 shares, an increase of 265.9% from the September 30th total of 29,921 shares. Based on an average trading volume of 92,872 shares, the short-interest ratio is currently 1.2 days.
Olympus Price Performance
OLYMY opened at $11.17 on Friday. Olympus has a one year low of $8.08 and a one year high of $13.73. The company’s 50 day simple moving average is $12.40 and its 200-day simple moving average is $11.14.
Olympus Company Profile
Olympus Corporation is a Japan-based medical technology company focused on devices and solutions used in minimally invasive procedures. Its portfolio includes gastrointestinal endoscopes, endoscopic ultrasound systems, surgical visualization equipment, energy devices, and other instruments used in diagnosis and treatment. Olympus serves hospitals, physicians, and healthcare systems in areas including gastroenterology, pulmonology, urology, and general surgery.
The company also develops infection-prevention products, reprocessing systems, and related services designed to support the safe and efficient use of medical equipment.
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