Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Short Interest Down 53.2% in August

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,644 shares, a decline of 53.2% from the July 30th total of 12,049 shares. Based on an average daily trading volume, of 34,226 shares, the days-to-cover ratio is presently 0.2 days.

Syntec Optics Trading Down 5.6%

Shares of NASDAQ OPTXW traded down $0.09 during trading on Friday, reaching $1.44. The company had a trading volume of 6,407 shares, compared to its average volume of 104,752. The company’s fifty day moving average price is $1.52 and its 200-day moving average price is $1.49. Syntec Optics has a 12 month low of $0.06 and a 12 month high of $3.48.

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.