Short Interest in Olympus Co. (OTCMKTS:OLYMY) Drops By 41.5%

Olympus Co. (OTCMKTS:OLYMY) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 9,231 shares, a drop of 41.5% from the December 15th total of 15,789 shares. Based on an average trading volume of 76,887 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 76,887 shares, the days-to-cover ratio is presently 0.1 days.

Olympus Stock Performance

OTCMKTS OLYMY opened at $12.98 on Friday. The company has a fifty day moving average of $13.05 and a two-hundred day moving average of $12.44. Olympus has a 1 year low of $11.09 and a 1 year high of $15.90.

Olympus Company Profile

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.