Solitron Devices, Inc. (OTCMKTS:SODI) Stock Short Interest Drops 66.2%

Solitron Devices, Inc. (OTCMKTS:SODI) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 498 shares, a decline of 66.2% from the September 15th total of 1,474 shares. Based on an average trading volume of 2,775 shares, the short-interest ratio is presently 0.2 days.

Solitron Devices Price Performance

OTCMKTS SODI traded down $0.01 during trading on Tuesday, hitting $33.97. 1,842 shares of the company traded hands, compared to its average volume of 2,662. The business has a fifty day simple moving average of $33.39 and a 200 day simple moving average of $28.53. Solitron Devices has a 12 month low of $17.20 and a 12 month high of $35.50.

Solitron Devices (OTCMKTS:SODI) last announced its earnings results on Tuesday, October 13th. The company reported $0.60 earnings per share (EPS) for the quarter.

About Solitron Devices

Solitron Devices, Inc is a semiconductor company that designs, manufactures and sells power semiconductor products. Its offerings include power MOSFETs, voltage regulators, rectifiers, transistors and hybrid circuits used in applications requiring power management, switching and voltage control.

The company focuses on components for aerospace, defense, space and other demanding industrial applications. Its products are designed for use in systems where reliability, durability and performance under challenging operating conditions are important.

Solitron Devices was established in 1959 and has historically served customers in the United States and other markets through its specialized semiconductor product lines.