Solitron Devices, Inc. (OTCMKTS:SODI) Shares Shorted: Short Interest Up 1,484.9% in September

Solitron Devices, Inc. (OTCMKTS:SODI) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,474 shares, an increase of 1,484.9% from the August 31st total of 93 shares. Based on an average daily trading volume, of 3,989 shares, the short-interest ratio is currently 0.4 days.

Solitron Devices Price Performance

Shares of Solitron Devices stock traded down $0.01 during midday trading on Thursday, reaching $33.00. The company had a trading volume of 1,160 shares, compared to its average volume of 2,642. The stock has a fifty day moving average price of $32.76 and a 200 day moving average price of $27.82. Solitron Devices has a fifty-two week low of $16.29 and a fifty-two week high of $35.50.

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

About Solitron Devices

Solitron Devices, Inc is a semiconductor manufacturer that develops and produces high-reliability power semiconductor components. Its products are designed primarily for demanding applications in the defense, aerospace, space, and other specialized markets where performance and durability are important.

The company’s product portfolio has included power transistors, metal-oxide-semiconductor field-effect transistors, rectifiers, and related semiconductor devices. Solitron also has provided custom and application-specific components for use in power-conversion, control, and other electronic systems.

Solitron Devices is based in West Palm Beach, Florida, and has a history dating to the late 1950s.