Solitron Devices, Inc. (OTCMKTS:SODI) Shares Shorted: Short Interest Down 88.7% in October

Solitron Devices, Inc. (OTCMKTS:SODI) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 258 shares, a drop of 88.7% from the October 15th total of 2,289 shares. Based on an average daily volume of 3,466 shares, the short-interest ratio is presently 0.1 days.

Solitron Devices Stock Performance

Shares of OTCMKTS:SODI traded down $0.50 during trading on Wednesday, reaching $37.00. The stock had a trading volume of 613 shares, compared to its average volume of 2,640. The business has a fifty day moving average price of $34.80 and a 200-day moving average price of $28.53. Solitron Devices has a fifty-two week low of $18.75 and a fifty-two week high of $39.34.

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. The firm had revenue of $5.66 million for the quarter.

About Solitron Devices

Solitron Devices, Inc. is a semiconductor manufacturer that develops and produces high-reliability power semiconductor components. Its product offerings include power MOSFETs, bipolar transistors, rectifiers, diodes and related semiconductor devices designed for demanding electronic applications. The company primarily serves the military, aerospace, space and industrial markets, where components are used in power-management, control and other mission-critical systems. Solitron emphasizes products intended to meet rigorous performance and reliability requirements for specialized applications.