Short Interest in Optex Systems Holdings, Inc (NASDAQ:OPXS) Drops By 28.0%

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 3,600 shares, a decrease of 28.0% from the March 15th total of 5,000 shares. Based on an average daily trading volume, of 18,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Optex Systems Stock Up 3.3 %

OPXS stock opened at $5.71 on Friday. The company’s 50-day moving average price is $5.76 and its two-hundred day moving average price is $7.12. Optex Systems has a 12 month low of $5.36 and a 12 month high of $10.30. The firm has a market cap of $39.38 million, a P/E ratio of 9.36 and a beta of 0.13.

Optex Systems (NASDAQ:OPXS) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.12 EPS for the quarter. Optex Systems had a net margin of 11.87% and a return on equity of 22.99%.

Insider Buying and Selling

In related news, Director Dale E. Lehmann sold 30,000 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $5.65, for a total value of $169,500.00. Following the transaction, the director now owns 144,258 shares in the company, valued at approximately $815,057.70. This trade represents a 17.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 30.30% of the stock is currently owned by company insiders.

Institutional Trading of Optex Systems

Several large investors have recently bought and sold shares of the business. IFP Advisors Inc bought a new position in shares of Optex Systems in the fourth quarter worth about $71,000. Geode Capital Management LLC boosted its holdings in shares of Optex Systems by 44.7% during the 3rd quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock valued at $431,000 after acquiring an additional 17,472 shares in the last quarter. Evernest Financial Advisors LLC bought a new position in Optex Systems in the fourth quarter valued at about $180,000. Citadel Advisors LLC boosted its stake in shares of Optex Systems by 23.0% during the fourth quarter. Citadel Advisors LLC now owns 23,664 shares of the company’s stock valued at $162,000 after purchasing an additional 4,431 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Optex Systems by 22.5% during the fourth quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock worth $149,000 after purchasing an additional 4,000 shares during the last quarter. 19.07% of the stock is owned by institutional investors and hedge funds.

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.