Olympus Co. (OTCMKTS:OLYMY) Sees Large Decline in Short Interest

Olympus Co. (OTCMKTS:OLYMY) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 2,900 shares, a drop of 84.7% from the January 31st total of 19,000 shares. Based on an average daily trading volume, of 470,900 shares, the short-interest ratio is presently 0.0 days.

Olympus Stock Performance

OTCMKTS OLYMY opened at $13.74 on Friday. Olympus has a one year low of $13.13 and a one year high of $19.69. The company’s 50 day moving average price is $14.61 and its 200 day moving average price is $16.46.

Olympus Company Profile

Olympus Corporation manufactures and sells precision machineries and instruments worldwide. It operates through: Endoscopic Solutions Business, Therapeutic Solutions Business, Scientific Solutions Business, and Others segments. The Endoscopic Solutions Business segment offers gastrointestinal and surgical endoscopy systems, surgical microscopes, endoscope reprocessors, and maintenance services.