Orbit International Corp. (OTCMKTS:ORBT) Short Interest Update

Orbit International Corp. (OTCMKTS:ORBT) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 822 shares, a decline of 69.7% from the January 15th total of 2,714 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,333 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 2,333 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Orbit International Stock Performance

Orbit International stock traded up $0.03 during midday trading on Thursday, hitting $5.18. 2,425 shares of the company’s stock were exchanged, compared to its average volume of 1,059. The company has a market cap of $18.26 million, a PE ratio of -3.75 and a beta of 0.09. The firm has a 50-day moving average of $4.49 and a two-hundred day moving average of $3.92. Orbit International has a 12 month low of $2.25 and a 12 month high of $5.40.

Orbit International (OTCMKTS:ORBT) last announced its quarterly earnings results on Tuesday, November 11th. The company reported ($0.26) earnings per share for the quarter. The business had revenue of $5.78 million during the quarter. Orbit International had a negative return on equity of 29.85% and a negative net margin of 18.70%.

About Orbit International

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.