Short Interest in HOYA Co. (OTCMKTS:HOCPY) Declines By 84.8%

HOYA Co. (OTCMKTS:HOCPY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,100 shares, a decline of 84.8% from the March 15th total of 26,900 shares. Based on an average trading volume of 71,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

HOYA Price Performance

Shares of HOCPY stock traded down $2.05 during trading hours on Wednesday, hitting $107.36. The company’s stock had a trading volume of 39,244 shares, compared to its average volume of 40,360. The company has a current ratio of 5.04, a quick ratio of 4.35 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average of $115.84 and a 200-day moving average of $126.67. HOYA has a twelve month low of $97.49 and a twelve month high of $148.27. The stock has a market cap of $37.13 billion, a price-to-earnings ratio of 27.32, a P/E/G ratio of 2.38 and a beta of 0.90.

HOYA (OTCMKTS:HOCPY) last announced its earnings results on Thursday, February 6th. The technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.94. HOYA had a return on equity of 21.34% and a net margin of 24.17%. As a group, equities research analysts anticipate that HOYA will post 3.66 EPS for the current year.

About HOYA

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.