Short Interest in Solitron Devices, Inc. (OTCMKTS:SODI) Rises By 7,500.0%

Solitron Devices, Inc. (OTCMKTS:SODI) saw a significant growth in short interest in the month of 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 Trading Up 0.3%

Shares of SODI traded up $0.10 during mid-day trading on Tuesday, reaching $34.65. 103 shares of the stock traded hands, compared to its average volume of 2,767. The stock has a fifty day simple moving average of $29.60 and a 200 day simple moving average of $26.46. Solitron Devices has a 12-month low of $16.29 and a 12-month high of $35.50.

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