Topcon Co. (OTCMKTS:TOPCF) Short Interest Up 47.3% in April

Topcon Co. (OTCMKTS:TOPCF - Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 352,700 shares, a growth of 47.3% from the March 31st total of 239,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3,527.0 days.

Topcon Price Performance

OTCMKTS TOPCF remained flat at $22.38 during trading hours on Friday. Topcon has a 52-week low of $8.71 and a 52-week high of $23.00. The business's 50 day moving average is $21.02 and its two-hundred day moving average is $17.13. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 0.89. The firm has a market cap of $2.43 billion, a PE ratio of 203.51 and a beta of 0.51.

Topcon (OTCMKTS:TOPCF - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported ($0.18) earnings per share for the quarter. Topcon had a net margin of 0.88% and a return on equity of 3.16%.

Topcon Company Profile

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.