Orbit International Corp. (OTCMKTS:ORBT) Short Interest Down 69.7% in January

by · The Cerbat Gem

Orbit International Corp. (OTCMKTS:ORBT – Get Free Report) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 822 shares, a decrease of 69.7% from the January 15th total of 2,714 shares. Based on an average trading volume of 2,333 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,333 shares, the short-interest ratio is presently 0.4 days.

Orbit International Stock Performance

Shares of Orbit International stock traded down $0.07 during trading on Friday, reaching $5.11. The company’s stock had a trading volume of 700 shares, compared to its average volume of 1,500. Orbit International has a one year low of $2.25 and a one year high of $5.40. The firm has a market cap of $18.05 million, a price-to-earnings ratio of -3.70 and a beta of 0.09. The business’s fifty day moving average price is $4.52 and its 200-day moving average price is $3.93.

Orbit International (OTCMKTS:ORBT – Get Free Report) last released its earnings results on Tuesday, November 11th. The company reported ($0.26) earnings per share (EPS) for the quarter. The business had revenue of $5.78 million during the quarter. Orbit International had a negative net margin of 18.70% and a negative return on equity of 29.85%.

About Orbit International

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Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.

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