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

Solitron Devices, Inc. (OTCMKTS:SODI) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 642 shares, an increase of 637.9% from the June 30th total of 87 shares. Based on an average trading volume of 8,496 shares, the short-interest ratio is currently 0.1 days.

Solitron Devices Stock Up 1.9%

Shares of SODI opened at $30.94 on Friday. The stock has a 50 day moving average of $25.45 and a 200 day moving average of $24.55. Solitron Devices has a 12 month low of $16.05 and a 12 month high of $32.71.

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

About Solitron Devices

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.