HOYA Co. (OTCMKTS:HOCPY) Sees Large Growth in Short Interest

HOYA Co. (OTCMKTS:HOCPY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 9,000 shares, a growth of 246.2% from the December 31st total of 2,600 shares. Based on an average daily volume of 41,300 shares, the days-to-cover ratio is currently 0.2 days.

HOYA Stock Performance

HOCPY stock traded down $0.42 during mid-day trading on Thursday, hitting $136.59. 13,896 shares of the company were exchanged, compared to its average volume of 24,472. HOYA has a 1-year low of $108.12 and a 1-year high of $148.27. The stock has a market capitalization of $47.58 billion, a PE ratio of 36.62, a price-to-earnings-growth ratio of 2.66 and a beta of 0.82. The business has a 50 day simple moving average of $130.11 and a 200-day simple moving average of $132.51. The company has a current ratio of 5.14, a quick ratio of 4.43 and a debt-to-equity ratio of 0.02.

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.