Stock of the Day

August 13, 2026

NVE (NVEC)

$109.13
+$2.48 (+2.3%)
Market Cap: $527.88M

About NVE

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for power conversion and industrial Internet of Things (IIoT) market; and DC-to-DC convertors for use in power conversion systems and industrial networks for the IIoT. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

Today's Trend

NVE Corporation (NASDAQ: NVEC) shares increased amid limited company-specific news. The recent reports do not identify a new earnings release, contract, product announcement, or guidance change to explain the move. Given the stock’s relatively low trading volume, the advance may reflect market momentum or company-specific trading activity rather than a clearly defined fundamental catalyst. NVE Trading 5.7% Higher - Here's What Happened

  • Reported short interest for NVE was listed at zero shares as of September 24, producing a short-interest ratio of zero days. This suggests short covering was not a meaningful driver of the recent increase, although the data may reflect reporting limitations or timing issues rather than a substantive change in investor positioning.
  • NVE continues to show strong profitability based on its latest reported quarter, with $1.32 in earnings per share, $11.03 million in revenue, a 57.64% net margin, and a 30.53% return on equity. However, these results were released previously and were not presented as a new catalyst in the latest coverage.
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