Solitron Devices, Inc. (OTCMKTS:SODI) Sees Significant Growth in Short Interest

Solitron Devices, Inc. (OTCMKTS:SODI) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 851 shares, a growth of 1,419.6% from the March 15th total of 56 shares. Based on an average daily volume of 4,358 shares, the days-to-cover ratio is presently 0.2 days.

Solitron Devices Trading Down 2.6%

SODI opened at $26.00 on Friday. The stock has a 50-day moving average price of $24.83 and a 200-day moving average price of $21.09. Solitron Devices has a 12-month low of $14.67 and a 12-month high of $26.95.

Solitron Devices (OTCMKTS:SODI) last posted its quarterly earnings data on Tuesday, January 13th. The company reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $5.02 million during 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.