Short Interest in Hoya Corp. (OTCMKTS:HOCPY) Decreases By 33.5%

Hoya Corp. (OTCMKTS:HOCPY) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,535 shares, a decrease of 33.5% from the July 30th total of 5,317 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 52,450 shares, the short-interest ratio is currently 0.1 days.

Hoya Trading Up 0.5%

HOCPY traded up $0.69 during midday trading on Tuesday, reaching $154.12. 9,964 shares of the company’s stock traded hands, compared to its average volume of 35,369. Hoya has a 52 week low of $129.29 and a 52 week high of $190.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.81 and a quick ratio of 4.15. The firm has a fifty day moving average of $157.77 and a two-hundred day moving average of $169.45. The stock has a market capitalization of $51.61 billion, a price-to-earnings ratio of 30.58, a P/E/G ratio of 3.25 and a beta of 0.98.

Hoya (OTCMKTS:HOCPY) last posted its earnings results on Friday, July 31st. The technology company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.10. Hoya had a return on equity of 25.15% and a net margin of 27.58%.The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.55 billion. On average, equities analysts anticipate that Hoya will post 5.11 earnings per share for the current fiscal year.

Hoya Company Profile

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.