Optex Systems Holdings, Inc (NASDAQ:OPXS) Short Interest Down 28.6% in November

Optex Systems Holdings, Inc (NASDAQ:OPXS) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 1,000 shares, a decrease of 28.6% from the November 15th total of 1,400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 24,100 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Optex Systems

An institutional investor recently raised its position in Optex Systems stock. Essex Investment Management Co. LLC boosted its stake in Optex Systems Holdings, Inc (NASDAQ:OPXS) by 58.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,652 shares of the company’s stock after buying an additional 8,346 shares during the quarter. Essex Investment Management Co. LLC owned approximately 0.33% of Optex Systems worth $173,000 at the end of the most recent quarter. 19.07% of the stock is currently owned by hedge funds and other institutional investors.

Optex Systems Trading Up 1.2 %

NASDAQ:OPXS traded up $0.10 during trading hours on Friday, hitting $8.30. 13,307 shares of the stock traded hands, compared to its average volume of 23,676. The firm has a market cap of $57.05 million, a price-to-earnings ratio of 13.61 and a beta of 0.28. Optex Systems has a fifty-two week low of $4.11 and a fifty-two week high of $10.30. The firm has a 50 day moving average price of $8.54 and a 200 day moving average price of $8.02.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.