Short Interest in Precision Optics Co., Inc. (OTCMKTS:PEYE) Decreases By 85.7%

Precision Optics Co., Inc. (OTCMKTS:PEYEGet Rating) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, a decrease of 85.7% from the May 15th total of 1,400 shares. Based on an average trading volume of 14,800 shares, the short-interest ratio is currently 0.0 days.

Shares of OTCMKTS PEYE remained flat at $$1.98 during trading on Friday. The stock had a trading volume of 40 shares, compared to its average volume of 5,532. Precision Optics has a 52-week low of $1.52 and a 52-week high of $3.00. The business’s 50-day moving average is $1.90 and its 200-day moving average is $2.09. The company has a current ratio of 1.29, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26.

Precision Optics Company Profile (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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