Short Interest in HOYA Co. (OTCMKTS:HOCPY) Rises By 246.2%

HOYA Co. (OTCMKTS:HOCPY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 9,000 shares, a growth of 246.2% from the December 31st total of 2,600 shares. Based on an average daily volume of 41,300 shares, the days-to-cover ratio is currently 0.2 days.

HOYA Price Performance

Shares of HOCPY traded up $1.43 on Wednesday, hitting $137.42. The company’s stock had a trading volume of 11,880 shares, compared to its average volume of 21,811. The company has a market capitalization of $47.87 billion, a PE ratio of 36.84, a PEG ratio of 2.66 and a beta of 0.82. HOYA has a fifty-two week low of $108.12 and a fifty-two week high of $148.27. The company has a 50 day moving average price of $129.92 and a 200 day moving average price of $132.48. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.14 and a quick ratio of 4.43.

About HOYA

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.