Optex Systems Holdings, Inc (NASDAQ:OPXS) Short Interest Up 38.9% in March

Optex Systems Holdings, Inc (NASDAQ:OPXS) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, an increase of 38.9% from the February 28th total of 3,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 24,500 shares, the short-interest ratio is presently 0.2 days.

Optex Systems Stock Performance

NASDAQ OPXS opened at $5.60 on Monday. Optex Systems has a fifty-two week low of $5.39 and a fifty-two week high of $10.30. The firm has a market capitalization of $38.62 million, a P/E ratio of 9.18 and a beta of 0.26. The stock has a 50-day simple moving average of $6.08 and a two-hundred day simple moving average of $7.35.

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

Insider Buying and Selling at Optex Systems

In related news, Director Dale E. Lehmann sold 30,000 shares of the business’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $5.65, for a total transaction of $169,500.00. Following the completion of the transaction, the director now directly owns 144,258 shares in the company, valued at $815,057.70. The trade was a 17.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 30.30% of the company’s stock.

Hedge Funds Weigh In On Optex Systems

Large investors have recently made changes to their positions in the company. Citadel Advisors LLC increased its holdings in Optex Systems by 23.0% in the fourth quarter. Citadel Advisors LLC now owns 23,664 shares of the company’s stock valued at $162,000 after buying an additional 4,431 shares in the last quarter. Topline Capital Management LLC acquired a new position in Optex Systems in the 4th quarter worth about $5,350,000. LPL Financial LLC boosted its position in 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 in the last quarter. IFP Advisors Inc purchased a new stake in shares of Optex Systems in the fourth quarter valued at approximately $71,000. Finally, Evernest Financial Advisors LLC purchased a new position in Optex Systems during the fourth quarter valued at $180,000. 19.07% of the stock is currently owned by institutional investors and hedge funds.

About Optex Systems

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.