Solitron Devices, Inc. (OTCMKTS:SODI) Short Interest Down 99.8% in July

Solitron Devices, Inc. (OTCMKTS:SODI) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a decrease of 99.8% from the July 15th total of 642 shares. Based on an average daily volume of 8,795 shares, the days-to-cover ratio is currently 0.0 days.

Solitron Devices Trading Up 0.4%

Shares of OTCMKTS:SODI traded up $0.12 during trading on Tuesday, reaching $34.80. The stock had a trading volume of 6,811 shares, compared to its average volume of 2,903. The stock has a fifty day simple moving average of $27.20 and a two-hundred day simple moving average of $25.51. Solitron Devices has a 52 week low of $16.05 and a 52 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 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.