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

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,948 shares, a decrease 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 currently 0.2 days.

Syntec Optics Stock Performance

NASDAQ:OPTXW traded down $0.26 on Friday, reaching $1.41. The stock had a trading volume of 30,619 shares, compared to its average volume of 128,991. The company has a 50-day moving average of $1.39 and a 200 day moving average of $0.90. Syntec Optics has a 12-month low of $0.04 and a 12-month high of $2.01.

About Syntec Optics

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.