Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Get Free Report) shares were down 4.1% during mid-day trading on Tuesday . The company traded as low as $1.58 and last traded at $1.62. Approximately 117,555 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 799,062 shares. The stock had previously closed at $1.69.
Syntec Optics Stock Down 11.9%
The business's fifty day moving average is $1.49 and its 200-day moving average is $1.53.
Hedge Funds Weigh In On Syntec Optics
A number of institutional investors and hedge funds have recently made changes to their positions in OPTX. Blue Owl Capital Holdings LP purchased a new position in shares of Syntec Optics in the fourth quarter worth approximately $125,000. Jane Street Group LLC bought a new stake in Syntec Optics during the 4th quarter worth approximately $86,000. Geode Capital Management LLC raised its stake in Syntec Optics by 23.9% during the 4th quarter. Geode Capital Management LLC now owns 83,009 shares of the company's stock worth $209,000 after acquiring an additional 16,033 shares during the period. Two Sigma Investments LP bought a new stake in Syntec Optics during the 4th quarter worth approximately $31,000. Finally, Tower Research Capital LLC TRC raised its stake in Syntec Optics by 205.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,555 shares of the company's stock worth $29,000 after acquiring an additional 7,777 shares during the period.
Syntec Optics Company Profile
(
Get Free Report)
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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