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

Solitron Devices, Inc. (OTCMKTS:SODI) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 172 shares, an increase of 70.3% from the December 15th total of 101 shares. Based on an average daily volume of 470 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 470 shares, the short-interest ratio is presently 0.4 days.

Solitron Devices Stock Performance

Shares of SODI traded up $0.85 during trading hours on Friday, hitting $21.00. The stock had a trading volume of 4,422 shares, compared to its average volume of 1,440. Solitron Devices has a 1-year low of $14.23 and a 1-year high of $21.50. The firm has a 50 day simple moving average of $19.82 and a 200-day simple moving average of $17.87.

Solitron Devices (OTCMKTS:SODI) last announced its quarterly earnings data on Tuesday, January 13th. The company reported $0.31 EPS for the quarter. The firm had revenue of $5.02 million during 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.