HOYA Co. (OTCMKTS:HOCPY) Short Interest Up 2,345.5% in March

HOYA Co. (OTCMKTS:HOCPY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 26,900 shares, an increase of 2,345.5% from the February 28th total of 1,100 shares. Based on an average daily volume of 90,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

HOYA Price Performance

Shares of HOYA stock traded down $2.47 during trading hours on Thursday, reaching $116.90. 18,255 shares of the company’s stock were exchanged, compared to its average volume of 32,936. The business has a fifty day moving average of $124.30 and a two-hundred day moving average of $129.94. The company has a quick ratio of 4.35, a current ratio of 5.04 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $40.43 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 2.38 and a beta of 0.83. HOYA has a 1 year low of $108.12 and a 1 year high of $148.27.

HOYA (OTCMKTS:HOCPY) last released its quarterly earnings data on Thursday, February 6th. The technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.94. HOYA had a net margin of 24.17% and a return on equity of 21.34%. As a group, research analysts predict that HOYA will post 3.66 earnings per share for the current fiscal year.

HOYA Company Profile

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.