Short Interest in Hoya Corp. (OTCMKTS:HOCPY) Rises By 196.5%

Hoya Corp. (OTCMKTS:HOCPY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 7,104 shares, a growth of 196.5% from the November 30th total of 2,396 shares. Based on an average daily volume of 30,479 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 30,479 shares, the short-interest ratio is presently 0.2 days.

Hoya Stock Down 0.3%

HOCPY stock traded down $0.49 during trading on Friday, hitting $151.11. 3,477 shares of the company’s stock traded hands, compared to its average volume of 29,322. The firm has a market capitalization of $51.85 billion, a P/E ratio of 37.04, a PEG ratio of 3.10 and a beta of 1.01. Hoya has a 1 year low of $97.49 and a 1 year high of $168.00. The company has a quick ratio of 4.32, a current ratio of 4.97 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $154.10 and a two-hundred day simple moving average of $138.44.

Hoya (OTCMKTS:HOCPY) last announced its quarterly earnings results on Friday, October 31st. The technology company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $225.61 billion. Hoya had a return on equity of 21.01% and a net margin of 23.33%. Sell-side analysts anticipate that Hoya will post 3.66 EPS for the current year.

Hoya Company Profile

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.