Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 36,000 shares, a growth of 22.4% from the August 15th total of 29,400 shares. Currently, 0.6% of the company's shares are short sold. Based on an average trading volume of 149,600 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 149,600 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company's shares are short sold.
Institutional Investors Weigh In On Syntec Optics
An institutional investor recently bought a new position in Syntec Optics stock. Two Sigma Investments LP acquired a new stake in shares of Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,189 shares of the company's stock, valued at approximately $31,000.
Syntec Optics Price Performance
Syntec Optics stock traded down $0.05 during trading hours on Monday, reaching $1.65. The company had a trading volume of 100,082 shares, compared to its average volume of 321,781. Syntec Optics has a 12-month low of $0.85 and a 12-month high of $5.10. The company has a 50-day moving average price of $1.66 and a 200 day moving average price of $1.49.
About Syntec Optics
(
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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.
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