Optex Systems Holdings, Inc (NASDAQ:OPXS – Get Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 1,000 shares, a decrease of 28.6% from the November 15th total of 1,400 shares. Based on an average daily trading volume, of 24,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Optex Systems stock. Essex Investment Management Co. LLC increased its stake in shares of Optex Systems Holdings, Inc (NASDAQ:OPXS – Free Report) by 58.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,652 shares of the company’s stock after acquiring an additional 8,346 shares during the quarter. Essex Investment Management Co. LLC owned about 0.33% of Optex Systems worth $173,000 at the end of the most recent reporting period. 19.07% of the stock is currently owned by institutional investors.
Optex Systems Trading Up 1.2 %
Optex Systems stock traded up $0.10 during mid-day trading on Friday, hitting $8.30. 13,307 shares of the company’s stock were exchanged, compared to its average volume of 23,676. Optex Systems has a 1-year low of $4.11 and a 1-year high of $10.30. The stock has a 50 day moving average of $8.54 and a two-hundred day moving average of $8.02. The stock has a market cap of $57.05 million, a P/E ratio of 13.61 and a beta of 0.28.
Optex Systems Company Profile
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.
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