Orbit International Corp. (OTCMKTS:ORBT) Short Interest Down 93.7% in July

Orbit International Corp. (OTCMKTS:ORBT) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 390 shares, a decrease of 93.7% from the June 30th total of 6,233 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 32,501 shares, the days-to-cover ratio is currently 0.0 days.

Orbit International Stock Performance

ORBT stock traded down $0.10 on Friday, reaching $3.80. The company’s stock had a trading volume of 6,344 shares, compared to its average volume of 11,708. The firm has a market cap of $13.41 million, a PE ratio of -2.88 and a beta of 0.54. The business has a fifty day simple moving average of $5.40 and a two-hundred day simple moving average of $5.06. Orbit International has a 12-month low of $2.42 and a 12-month high of $13.57.

Orbit International (OTCMKTS:ORBT) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.46) earnings per share (EPS) for the quarter. Orbit International had a negative net margin of 19.24% and a negative return on equity of 34.08%. The company had revenue of $5.24 million for the quarter.

Orbit International Company Profile

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.