Short Interest in Olympus Co. (OTCMKTS:OLYMY) Drops By 54.1%

Olympus Co. (OTCMKTS:OLYMY) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 64,672 shares, a decrease of 54.1% from the April 30th total of 141,005 shares. Based on an average daily volume of 183,030 shares, the days-to-cover ratio is currently 0.4 days.

Olympus Trading Up 0.5%

Shares of OTCMKTS:OLYMY traded up $0.06 during trading on Tuesday, reaching $11.31. The stock had a trading volume of 71,463 shares, compared to its average volume of 119,068. The firm’s fifty day moving average is $10.20 and its 200 day moving average is $11.24. Olympus has a 52 week low of $8.08 and a 52 week high of $13.84.

About Olympus

Olympus Corporation is a Tokyo-based manufacturer specializing in precision technology for the medical, scientific and industrial markets. Established in 1919, the company has built an international reputation for optical and digital imaging solutions that encompass endoscopic systems, microscopes, cameras and related accessories. Olympus leverages its expertise in optics, mechanics and electronics to develop instruments designed to advance diagnostics and scientific discovery.

In the healthcare sector, Olympus is best known for its endoscopy products and therapeutic solutions that support minimally invasive procedures in gastroenterology, pulmonology and urology.