Short Interest in Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) Decreases By 73.2%

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 10,948 shares, a decline of 73.2% from the April 30th total of 40,923 shares. Based on an average daily trading volume, of 70,880 shares, the short-interest ratio is presently 0.2 days.

Syntec Optics Stock Down 4.8%

Shares of NASDAQ OPTXW traded down $0.08 during mid-day trading on Friday, reaching $1.59. The company had a trading volume of 53,550 shares, compared to its average volume of 129,231. Syntec Optics has a one year low of $0.04 and a one year high of $2.01. The business’s 50-day simple moving average is $1.40 and its 200 day simple moving average is $0.91.

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.