Dynasil Co. of America (NASDAQ:DYSL) Sees Significant Increase in Short Interest

Dynasil Co. of America (NASDAQ:DYSL) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 25,500 shares, a growth of 50.0% from the May 15th total of 17,000 shares. Based on an average daily trading volume, of 42,700 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Shares of NASDAQ DYSL remained flat at $$1.08 during trading on Friday. 1,594 shares of the company’s stock traded hands, compared to its average volume of 58,856. The stock has a market cap of $18.86 million, a PE ratio of 18.00 and a beta of 0.26. Dynasil Co. of America has a 52 week low of $0.72 and a 52 week high of $1.60. The firm’s 50-day moving average is $1.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.18 and a current ratio of 1.87.

Dynasil Co. of America Company Profile

Dynasil Corporation of America develops, markets, manufactures, and sells detection, sensing, and analysis technology and optical components in the United States, Europe, and internationally. It operates through three segments: Optics, Innovation and Development, and Biomedical. The Optics segment supplies synthetic crystals, optical materials, components, and coatings that are used in devices, such as baggage scanners, medical imaging systems, optical instruments, lasers, analytical instruments, automotive components, semiconductor/electronic devices, spacecraft/aircraft components, and advertising displays in the medical, industrial, and homeland security/defense sectors.

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