Topcon Co. (OTCMKTS:TOPCF) Short Interest Update

Topcon Co. (OTCMKTS:TOPCF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 170,200 shares, an increase of 21.2% from the August 15th total of 140,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,702.0 days.

Topcon Stock Performance

Shares of TOPCF stock traded down $0.77 on Monday, reaching $10.00. The stock had a trading volume of 4,300 shares, compared to its average volume of 1,635. Topcon has a 1 year low of $8.52 and a 1 year high of $12.18. The company has a 50 day simple moving average of $10.43 and a 200 day simple moving average of $11.10.

Topcon (OTCMKTS:TOPCF) last posted its quarterly earnings data on Tuesday, July 30th. The company reported ($0.06) earnings per share (EPS) for the quarter. Topcon had a return on equity of 6.41% and a net margin of 1.96%. The business had revenue of $329.75 million during the quarter. On average, equities analysts forecast that Topcon will post 0.51 earnings per share for the current year.

Topcon Company Profile

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.