Orbit International Corp. (OTCMKTS:ORBT) Stock Short Interest Report for September

Orbit International Corp. (OTCMKTS:ORBT) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,215 shares, a growth of 660.0% from the September 15th total of 423 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,701 shares, the short-interest ratio is presently 0.4 days.

Orbit International Trading Up 2.8%

Shares of ORBT stock traded up $0.07 during trading hours on Friday, reaching $2.61. The company had a trading volume of 3,155 shares, compared to its average volume of 3,092. Orbit International has a 1-year low of $2.51 and a 1-year high of $13.57. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.25 and a quick ratio of 0.41. The firm has a market cap of $9.21 million, a price-to-earnings ratio of -1.81 and a beta of 0.60. The company has a 50 day moving average of $2.97 and a 200 day moving average of $4.29.

Orbit International (OTCMKTS:ORBT) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.51) EPS for the quarter. Orbit International had a negative return on equity of 41.21% and a negative net margin of 21.42%. The company had revenue of $4.89 million for the quarter.

About Orbit International

Orbit International Corporation is a U.S.-based designer and manufacturer of custom electronic equipment and subsystems used primarily in military and defense applications. The company develops products to meet the specialized requirements of defense contractors and government customers, with an emphasis on ruggedized equipment for demanding operating environments.

Its product offerings include power supplies, electronic assemblies, control panels, display systems, audio systems and other customized electronic components.