Ieh Corp (OTCMKTS:IEHC) Sees Large Growth in Short Interest

Ieh Corp (OTCMKTS:IEHC) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 169 shares, an increase of 2,716.7% from the July 30th total of 6 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 24,552 shares, the days-to-cover ratio is presently 0.0 days.

IEH Price Performance

Shares of IEH stock traded down $0.65 during trading on Tuesday, reaching $33.10. 3,956 shares of the stock traded hands, compared to its average volume of 5,231. The company has a market capitalization of $81.76 million, a price-to-earnings ratio of -3,310.00 and a beta of -0.09. The business has a fifty day simple moving average of $24.51 and a two-hundred day simple moving average of $20.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.17 and a quick ratio of 6.09. IEH has a 52-week low of $7.50 and a 52-week high of $33.88.

IEH (OTCMKTS:IEHC) last issued its earnings results on Friday, August 7th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $10.02 million for the quarter. IEH had a return on equity of 0.06% and a net margin of 0.04%.

IEH Company Profile

IEH Corporation designs, develops, manufactures, and sells printed circuit board connectors and custom interconnects for high performance applications in the United States and internationally. The company's products are used as basic components of larger assemblies of finished goods. It markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to defense, aerospace, medical, industrial, test equipment, space, and commercial electronic markets.