Hoya Corp. (OTCMKTS:HOCPY) Sees Significant Growth in Short Interest

Hoya Corp. (OTCMKTS:HOCPY) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 7,104 shares, a growth of 196.5% from the November 30th total of 2,396 shares. Based on an average daily trading volume, of 30,479 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 30,479 shares, the short-interest ratio is presently 0.2 days.

Hoya Trading Down 0.2%

Shares of OTCMKTS:HOCPY opened at $151.35 on Friday. The company’s 50-day moving average price is $154.15 and its two-hundred day moving average price is $138.84. Hoya has a one year low of $97.49 and a one year high of $168.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.97 and a quick ratio of 4.32. The stock has a market capitalization of $51.93 billion, a PE ratio of 37.10, a price-to-earnings-growth ratio of 3.10 and a beta of 1.01.

Hoya (OTCMKTS:HOCPY) last released its earnings results on Friday, October 31st. The technology company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. Hoya had a return on equity of 21.01% and a net margin of 23.33%.The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $225.61 billion. On average, equities analysts forecast that Hoya will post 3.66 EPS for the current fiscal year.

About Hoya

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.