What’s Next for TOPCON CORP ORDINARY SHARES (OTCMKTS:TOPCF) After Having More Shares Shorted?

October 13, 2018 - By Clifton Ray

The stock of TOPCON CORP ORDINARY SHARES (OTCMKTS:TOPCF) registered an increase of 4.36% in short interest. TOPCF’s total short interest was 213,100 shares in October as published by FINRA. Its up 4.36% from 204,200 shares, reported previously. With 1,400 shares average volume, it will take short sellers 152 days to cover their TOPCF’s short positions.

It closed at $17.07 lastly. It is down 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Topcon Corporation, together with its subsidiaries, develops, makes, and sells positioning, eye care, and smart infrastructure products worldwide. The company has market cap of $1.73 billion. The Company’s positioning products include GNSS receivers, GIS, GPS plus reference station systems, machine control systems, precision agriculture systems, and asset management systems. It has a 32.21 P/E ratio. The companyÂ’s infrastructure products consists of total stations, layout navigators, mobile mapping systems, 3D laser scanners, field controllers, levels, theodolites, rotating lasers, and pipe lasers.

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