Short Interest in Solitron Devices, Inc. (OTCMKTS:SODI) Increases By 1,419.6%

Solitron Devices, Inc. (OTCMKTS:SODI) saw 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 trading volume of 4,358 shares, the short-interest ratio is currently 0.2 days.

Solitron Devices Price Performance

Shares of SODI traded down $0.70 during midday trading on Friday, reaching $26.00. The stock had a trading volume of 421 shares, compared to its average volume of 2,716. Solitron Devices has a 1-year low of $14.67 and a 1-year high of $26.95. The company’s fifty day simple moving average is $24.74 and its two-hundred day simple moving average is $21.02.

Solitron Devices (OTCMKTS:SODI) last issued its earnings results on Tuesday, January 13th. The company reported $0.31 EPS for the quarter. The firm had revenue of $5.02 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.