Olympus Co. (OTCMKTS:OLYMY) Stock Short Interest Rises 265.9%

Olympus Co. (OTCMKTS:OLYMY – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 109,467 shares, an increase of 265.9% from the September 30th total of 29,921 shares. Based on an average daily volume of 92,872 shares, the short-interest ratio is currently 1.2 days.

Olympus Trading Up 0.0%

Shares of OLYMY stock opened at $11.09 on Thursday. The firm has a fifty day moving average price of $12.45 and a 200 day moving average price of $11.15. Olympus has a 12 month low of $8.08 and a 12 month high of $13.73.

Olympus Company Profile

(Get Free Report)

Olympus Corporation is a Japan-based medical technology company focused on devices and solutions used in minimally invasive procedures. Its portfolio includes gastrointestinal endoscopes, endoscopic ultrasound systems, surgical visualization equipment, energy devices, and other instruments used in diagnosis and treatment. Olympus serves hospitals, physicians, and healthcare systems in areas including gastroenterology, pulmonology, urology, and general surgery.

The company also develops infection-prevention products, reprocessing systems, and related services designed to support the safe and efficient use of medical equipment.

Featured Articles

Receive News & Ratings for Olympus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Olympus and related companies with MarketBeat.com's FREE daily email newsletter.