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

Orbit International Corp. (OTCMKTS:ORBT) was the target of a significant growth in short interest in 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. Based on an average trading volume of 7,701 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Orbit International Trading Up 2.8%

Orbit International stock traded up $0.07 during mid-day trading on Friday, hitting $2.61. The stock had a trading volume of 3,155 shares, compared to its average volume of 3,092. The stock has a 50-day simple moving average of $2.97 and a two-hundred day simple moving average of $4.29. The company has a current ratio of 1.25, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $9.21 million, a PE ratio of -1.81 and a beta of 0.60. Orbit International has a 12 month low of $2.51 and a 12 month high of $13.57.

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

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.