Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Sees Large Decrease in Short Interest

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,447 shares, a decline of 92.6% from the June 30th total of 46,664 shares. Based on an average daily volume of 58,683 shares, the short-interest ratio is currently 0.1 days.

Syntec Optics Stock Performance

NASDAQ OPTXW traded down $0.14 during trading on Friday, hitting $1.10. 20,794 shares of the company’s stock traded hands, compared to its average volume of 118,314. The stock has a fifty day moving average of $1.88 and a two-hundred day moving average of $1.40. Syntec Optics has a 12-month low of $0.06 and a 12-month high of $3.48.

Syntec Optics Company Profile

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.