Precision Optics Co., Inc. (OTCMKTS:PEYE) Sees Large Decline in Short Interest

Precision Optics Co., Inc. (OTCMKTS:PEYEGet Rating) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decline of 87.5% from the March 15th total of 800 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is presently 0.0 days.

PEYE remained flat at $$2.09 during trading on Tuesday. The business has a 50 day moving average price of $2.09 and a 200 day moving average price of $2.17. Precision Optics has a 12-month low of $1.52 and a 12-month high of $3.00. The company has a current ratio of 1.39, a quick ratio of 0.85 and a debt-to-equity ratio of 0.25.

About Precision Optics (Get Rating)

Precision Optics Corporation, Inc designs, develops, manufactures, and sells specialized optical and illumination systems and related components primarily in the United States and the European Economic Area. The company offers medical instrumentation products, including endoscopes and endocouplers, as well as other custom imaging and illumination products, such as Microprecision lenses and micro medical cameras, and 3D endoscopes for use in minimally invasive surgical procedures by hospitals and physicians.

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