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

Orbit International Corp. (OTCMKTS:ORBT) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 4,031 shares, a drop of 26.9% from the December 15th total of 5,515 shares. Based on an average trading volume of 2,180 shares, the short-interest ratio is presently 1.8 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,180 shares, the short-interest ratio is presently 1.8 days.

Orbit International Trading Up 0.9%

ORBT stock traded up $0.04 during mid-day trading on Friday, hitting $4.64. The stock had a trading volume of 1,111 shares, compared to its average volume of 1,342. Orbit International has a 1-year low of $2.25 and a 1-year high of $4.75. The company has a fifty day moving average of $4.09 and a 200 day moving average of $3.70. The stock has a market capitalization of $16.39 million, a price-to-earnings ratio of -3.36 and a beta of 0.09.

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

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.