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

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 3,600 shares, a drop of 28.0% from the March 15th total of 5,000 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is presently 0.2 days.

Insider Buying and Selling at Optex Systems

In other news, Director Dale E. Lehmann sold 30,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $5.65, for a total value of $169,500.00. Following the completion of the sale, the director now owns 144,258 shares of the company’s stock, valued at approximately $815,057.70. This represents a 17.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 30.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Topline Capital Management LLC bought a new position in Optex Systems during the fourth quarter worth $5,350,000. Evernest Financial Advisors LLC acquired a new position in Optex Systems in the 4th quarter valued at about $180,000. Geode Capital Management LLC raised its holdings in Optex Systems by 44.7% in the 3rd quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock valued at $431,000 after acquiring an additional 17,472 shares during the period. IFP Advisors Inc bought a new position in Optex Systems in the 4th quarter valued at about $71,000. Finally, Citadel Advisors LLC lifted its position in Optex Systems by 23.0% during the fourth quarter. Citadel Advisors LLC now owns 23,664 shares of the company’s stock worth $162,000 after acquiring an additional 4,431 shares during the last quarter. 19.07% of the stock is owned by institutional investors and hedge funds.

Optex Systems Trading Up 3.3 %

NASDAQ OPXS opened at $5.71 on Friday. The firm’s fifty day moving average price is $5.76 and its two-hundred day moving average price is $7.12. Optex Systems has a 1 year low of $5.36 and a 1 year high of $10.30. The firm has a market capitalization of $39.38 million, a P/E ratio of 9.36 and a beta of 0.13.

Optex Systems (NASDAQ:OPXS) last issued its earnings results on Monday, February 10th. The company reported $0.12 earnings per share (EPS) for the quarter. Optex Systems had a net margin of 11.87% and a return on equity of 22.99%.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.