Short Interest in Topcon Co. (OTCMKTS:TOPCF) Increases By 74.2%

Topcon Co. (OTCMKTS:TOPCF) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 286,600 shares, an increase of 74.2% from the October 31st total of 164,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 1,433.0 days.

Topcon Stock Up 8.5 %

Shares of TOPCF opened at $10.13 on Friday. The company has a 50-day moving average of $10.69 and a two-hundred day moving average of $10.79. The company has a current ratio of 1.59, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. Topcon has a one year low of $8.71 and a one year high of $12.18.

Topcon (OTCMKTS:TOPCF) last released its earnings results on Wednesday, October 30th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $363.55 million for the quarter. Topcon had a return on equity of 7.51% and a net margin of 2.06%.

About Topcon

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.