Short Interest in Optex Systems Holdings, Inc (NASDAQ:OPXS) Rises By 14.3%

Optex Systems Holdings, Inc (NASDAQ:OPXS) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, an increase of 14.3% from the January 15th total of 1,400 shares. Based on an average trading volume of 25,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Insider Buying and Selling at Optex Systems

In related news, insider Topline Capital Management, Ll sold 12,488 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $7.01, for a total transaction of $87,540.88. Following the transaction, the insider now directly owns 793,575 shares of the company’s stock, valued at $5,562,960.75. This represents a 1.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 30.30% of the stock is owned by insiders.

Institutional Trading of Optex Systems

Several large investors have recently added to or reduced their stakes in OPXS. Geode Capital Management LLC lifted its holdings in shares of Optex Systems by 44.7% during the third quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock worth $431,000 after purchasing an additional 17,472 shares during the period. Evernest Financial Advisors LLC purchased a new position in Optex Systems during the 4th quarter worth approximately $180,000. LPL Financial LLC lifted its stake in Optex Systems by 22.5% during the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock valued at $149,000 after acquiring an additional 4,000 shares during the period. Topline Capital Management LLC purchased a new stake in shares of Optex Systems in the 4th quarter valued at $5,350,000. Finally, IFP Advisors Inc purchased a new position in shares of Optex Systems during the fourth quarter worth $71,000. Hedge funds and other institutional investors own 19.07% of the company’s stock.

Optex Systems Stock Up 0.2 %

Shares of Optex Systems stock opened at $6.14 on Monday. The company has a 50 day moving average price of $7.05 and a 200 day moving average price of $7.80. The firm has a market capitalization of $42.37 million, a P/E ratio of 11.16 and a beta of 0.34. Optex Systems has a 52 week low of $5.86 and a 52 week high of $10.30.

Optex Systems (NASDAQ:OPXS) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.12 EPS for the quarter. Optex Systems had a net margin of 11.08% and a return on equity of 22.21%.

About Optex Systems

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.