Olympus Co. (OTCMKTS:OLYMY – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 64,672 shares, a decline of 54.1% from the April 30th total of 141,005 shares. Based on an average daily trading volume, of 183,030 shares, the days-to-cover ratio is presently 0.4 days.
Olympus Price Performance
Shares of OLYMY traded down $0.36 during trading hours on Friday, reaching $11.09. 118,572 shares of the company traded hands, compared to its average volume of 119,928. Olympus has a 12-month low of $8.08 and a 12-month high of $13.84. The business has a fifty day moving average price of $10.15 and a 200-day moving average price of $11.27.
Olympus Company Profile
Olympus Corporation is a Tokyo-based manufacturer specializing in precision technology for the medical, scientific and industrial markets. Established in 1919, the company has built an international reputation for optical and digital imaging solutions that encompass endoscopic systems, microscopes, cameras and related accessories. Olympus leverages its expertise in optics, mechanics and electronics to develop instruments designed to advance diagnostics and scientific discovery.
In the healthcare sector, Olympus is best known for its endoscopy products and therapeutic solutions that support minimally invasive procedures in gastroenterology, pulmonology and urology.
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