Optex Systems Holdings Inc. (NASDAQ:OPXS) Short Interest Update

Optex Systems Holdings Inc. (NASDAQ:OPXS) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 80,914 shares, an increase of 27.0% from the January 15th total of 63,709 shares. Based on an average trading volume of 61,850 shares, the short-interest ratio is presently 1.3 days. Currently, 1.6% of the shares of the company are short sold. Currently, 1.6% of the shares of the company are short sold. Based on an average trading volume of 61,850 shares, the short-interest ratio is presently 1.3 days.

Insider Activity at Optex Systems

In other Optex Systems news, Director Danny Robert Schoening sold 28,924 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $14.06, for a total transaction of $406,671.44. Following the completion of the sale, the director owned 796,730 shares of the company’s stock, valued at approximately $11,202,023.80. The trade was a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders sold 110,578 shares of company stock valued at $1,510,898. Corporate insiders own 27.70% of the company’s stock.

Hedge Funds Weigh In On Optex Systems

A number of institutional investors and hedge funds have recently modified their holdings of OPXS. Raymond James Financial Inc. purchased a new stake in Optex Systems during the 2nd quarter valued at $30,000. Bank of America Corp DE increased its position in Optex Systems by 6,439.6% during the third quarter. Bank of America Corp DE now owns 3,466 shares of the company’s stock valued at $45,000 after acquiring an additional 3,413 shares during the last quarter. LSV Asset Management purchased a new stake in shares of Optex Systems in the second quarter valued at $63,000. Bridgeway Capital Management LLC bought a new stake in shares of Optex Systems in the 3rd quarter worth about $142,000. Finally, Financial Advocates Investment Management boosted its stake in shares of Optex Systems by 9.8% during the 2nd quarter. Financial Advocates Investment Management now owns 11,339 shares of the company’s stock worth $130,000 after purchasing an additional 1,012 shares during the period. Hedge funds and other institutional investors own 19.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on OPXS. Wall Street Zen downgraded shares of Optex Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Weiss Ratings cut Optex Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Optex Systems has a consensus rating of “Hold”.

Optex Systems Stock Performance

NASDAQ:OPXS traded up $0.37 during trading hours on Monday, reaching $14.66. The stock had a trading volume of 52,042 shares, compared to its average volume of 56,150. The stock has a market capitalization of $101.74 million, a PE ratio of 22.21 and a beta of 0.65. Optex Systems has a 52 week low of $5.36 and a 52 week high of $17.76. The company has a 50 day moving average price of $14.51 and a two-hundred day moving average price of $13.86.

Optex Systems (NASDAQ:OPXS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.03 earnings per share (EPS) for the quarter. Optex Systems had a net margin of 10.75% and a return on equity of 22.12%. The company had revenue of $9.15 million for the quarter.

About Optex Systems

Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.

Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.