Solitron Devices, Inc. (OTCMKTS:SODI) Short Interest Up 637.9% in July

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

Solitron Devices Stock Up 1.9%

OTCMKTS SODI opened at $30.94 on Friday. The business has a 50 day moving average price of $25.45 and a 200 day moving average price of $24.55. Solitron Devices has a 1-year low of $16.05 and a 1-year high of $32.71.

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