Solitron Devices, Inc. (OTCMKTS:SODI) Stock Short Interest Falls 88.7%

Solitron Devices, Inc. (OTCMKTS:SODI) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 258 shares, a decline of 88.7% from the October 15th total of 2,289 shares. Based on an average daily trading volume, of 3,466 shares, the days-to-cover ratio is currently 0.1 days.

Solitron Devices Stock Up 1.3%

OTCMKTS:SODI traded up $0.47 during mid-day trading on Friday, hitting $36.47. The stock had a trading volume of 706 shares, compared to its average volume of 2,621. The stock has a 50-day simple moving average of $34.98 and a two-hundred day simple moving average of $28.69. Solitron Devices has a twelve month low of $18.75 and a twelve month high of $39.34.

Solitron Devices (OTCMKTS:SODI) last posted its quarterly earnings results on Tuesday, October 13th. The company reported $0.60 EPS for the quarter. The firm had revenue of $5.66 million for the quarter.

Solitron Devices Company Profile

Solitron Devices, Inc. is a semiconductor manufacturer that develops and produces high-reliability power semiconductor components. Its product offerings include power MOSFETs, bipolar transistors, rectifiers, diodes and related semiconductor devices designed for demanding electronic applications. The company primarily serves the military, aerospace, space and industrial markets, where components are used in power-management, control and other mission-critical systems. Solitron emphasizes products intended to meet rigorous performance and reliability requirements for specialized applications.