TOPCON (OTCMKTS:TOPCF) Short Interest Update

Key Points

• TOPCON experienced a substantial 40.9% decrease in short interest in September, dropping from 248,200 shares to 146,800 shares.
• The company's stock price remained stable at $22.00, with a one-year trading range between a low of $9.34 and a high of $23.00.
• TOPCON has a market capitalization of $2.38 billion and a negative price-to-earnings ratio of -439.91, indicating current losses relative to earnings.

TOPCON (OTCMKTS:TOPCF - ) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 146,800 shares, a decrease of 40.9% from the August 31st total of 248,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,468.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,468.0 days.

TOPCON Price Performance

Shares of OTCMKTS TOPCF remained flat at $22.00 during mid-day trading on Friday. TOPCON has a one year low of $9.34 and a one year high of $23.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.15 and a quick ratio of 0.68. The stock has a 50-day moving average price of $21.16 and a 200 day moving average price of $21.77. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of -439.91 and a beta of 0.45.

About TOPCON

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.

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