Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Sees Significant Increase in Short Interest

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 40,923 shares, an increase of 102.5% from the April 15th total of 20,205 shares. Based on an average trading volume of 120,073 shares, the short-interest ratio is presently 0.3 days.

Syntec Optics Stock Down 10.4%

OPTXW traded down $0.12 on Friday, hitting $1.03. 73,604 shares of the company traded hands, compared to its average volume of 123,769. The company has a 50 day moving average of $1.30 and a 200-day moving average of $0.81. Syntec Optics has a 12-month low of $0.04 and a 12-month high of $2.01.

About Syntec Optics

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.