Topcon Co. (OTCMKTS:TOPCF) Short Interest Update

Topcon Co. (OTCMKTS:TOPCF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 346,800 shares, an increase of 63.4% from the August 15th total of 212,200 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 1,156.0 days.

Topcon Stock Performance

TOPCF stock remained flat at $11.56 during midday trading on Thursday. 23 shares of the company’s stock were exchanged, compared to its average volume of 1,423. The company has a current ratio of 2.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.49. Topcon has a twelve month low of $10.13 and a twelve month high of $15.13. The company has a market cap of $1.22 billion, a PE ratio of 18.65 and a beta of 1.01. The stock’s 50-day moving average is $12.48 and its 200-day moving average is $13.32.

Topcon Company Profile

Topcon Corporation, together with its subsidiaries, develops, manufactures, and sells positioning, eye care, and smart infrastructure products in Japan and internationally. The company provides total station products, including automatic tracking, motor drive, manual, industrial measurement, and imaging stations, as well as layout navigator, millimeter GPS, 3D mobile measurement system and laser scanner, data collector, theodolite, electronic level, and rotating and pipe laser products.