Short Interest in Topcon Co. (OTCMKTS:TOPCF) Expands By 47.3%

Topcon Co. (OTCMKTS:TOPCF) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 352,700 shares, an increase of 47.3% from the March 31st total of 239,500 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 100 shares, the short-interest ratio is currently 3,527.0 days.

Topcon Stock Down 2.7 %

Shares of Topcon stock opened at $22.38 on Friday. The stock’s 50-day moving average is $20.92 and its 200 day moving average is $17.06. Topcon has a one year low of $8.71 and a one year high of $23.00. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 203.51 and a beta of 0.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 0.89.

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

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.