Solitron Devices, Inc. (OTCMKTS:SODI) Sees Large Increase in Short Interest

Solitron Devices, Inc. (OTCMKTS:SODI) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 76 shares, a growth of 7,500.0% from the July 30th total of 1 shares. Based on an average daily volume of 5,145 shares, the days-to-cover ratio is presently 0.0 days.

Solitron Devices Stock Performance

Shares of OTCMKTS:SODI traded up $0.10 on Tuesday, reaching $34.65. 103 shares of the company were exchanged, compared to its average volume of 2,767. The company has a 50-day moving average of $29.60 and a 200-day moving average of $26.46. Solitron Devices has a 1-year low of $16.29 and a 1-year high of $35.50.

Solitron Devices (OTCMKTS:SODI) last released its quarterly earnings data on Monday, July 13th. The company reported $0.58 earnings per share for the quarter. The firm had revenue of $5.44 million during the quarter.

Solitron Devices Company Profile

Solitron Devices, Inc is a U.S.-based manufacturer and supplier of high-reliability semiconductor components and power-conversion modules. The company specializes in the design, development and marketing of discrete diodes, rectifiers, transient voltage suppressors, power MOSFETs, and integrated circuits tailored for demanding applications. Solitron’s product portfolio also includes solid-state relays, custom power modules, and protection devices engineered to meet stringent performance and reliability standards.

The company’s offerings are widely used in sectors such as aerospace and defense, industrial automation, medical instrumentation, telecommunications, and power management.