Optex Systems Holdings, Inc (NASDAQ:OPXS) Short Interest Down 85.9% in November

Optex Systems Holdings, Inc (NASDAQ:OPXS) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, a drop of 85.9% from the October 31st total of 9,900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 24,000 shares, the short-interest ratio is currently 0.1 days.

Optex Systems Trading Up 0.3 %

Shares of Optex Systems stock traded up $0.03 during trading on Wednesday, hitting $8.97. 6,976 shares of the stock were exchanged, compared to its average volume of 23,844. Optex Systems has a 1-year low of $4.09 and a 1-year high of $10.30. The stock has a market capitalization of $61.65 million, a price-to-earnings ratio of 14.54 and a beta of 0.27. The company has a fifty day moving average price of $8.36 and a 200-day moving average price of $8.00.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Optex Systems stock. Essex Investment Management Co. LLC boosted its stake in shares of Optex Systems Holdings, Inc (NASDAQ:OPXS) by 58.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,652 shares of the company’s stock after purchasing 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. Institutional investors own 19.07% of the company’s stock.

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.