HOYA Co. (OTCMKTS:HOCPY) Short Interest Up 350.0% in June

HOYA Co. (OTCMKTS:HOCPY) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 9,000 shares, a growth of 350.0% from the June 15th total of 2,000 shares. Based on an average daily volume of 53,400 shares, the short-interest ratio is currently 0.2 days.

HOYA Price Performance

Shares of HOCPY stock traded up $0.36 during trading hours on Friday, reaching $129.74. 24,121 shares of the company were exchanged, compared to its average volume of 23,657. HOYA has a fifty-two week low of $95.04 and a fifty-two week high of $135.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.11. The stock’s fifty day moving average is $119.59 and its two-hundred day moving average is $121.77. The company has a market cap of $45.53 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 3.29 and a beta of 0.82.

HOYA (OTCMKTS:HOCPY) last issued its quarterly earnings data on Wednesday, May 15th. The technology company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.27. HOYA had a net margin of 22.83% and a return on equity of 20.47%. The business had revenue of $1.39 billion during the quarter. Sell-side analysts forecast that HOYA will post 3.45 earnings per share for the current fiscal year.

About HOYA

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.