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

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 13,117 shares, a drop of 58.0% from the December 31st total of 31,249 shares. Based on an average daily trading volume, of 158,714 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 158,714 shares, the short-interest ratio is currently 0.1 days.

Syntec Optics Trading Down 14.4%

Shares of NASDAQ OPTXW traded down $0.16 during mid-day trading on Friday, reaching $0.95. The company had a trading volume of 102,449 shares, compared to its average volume of 170,012. Syntec Optics has a twelve month low of $0.03 and a twelve month high of $1.21. The stock’s 50 day moving average is $0.39 and its 200-day moving average is $0.22.

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.