Ieh Corp (OTCMKTS:IEHC) Sees Significant Decline in Short Interest

Ieh Corp (OTCMKTS:IEHC) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 6 shares, a drop of 97.2% from the July 15th total of 214 shares. Based on an average daily trading volume, of 4,262 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

IEH Trading Up 4.6%

IEH stock traded up $1.30 during trading hours on Tuesday, hitting $29.55. The company had a trading volume of 4,317 shares, compared to its average volume of 3,080. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.85 and a current ratio of 7.02. The firm has a market cap of $72.99 million, a P/E ratio of -2,955.00 and a beta of -0.09. The company has a 50-day moving average price of $22.01 and a two-hundred day moving average price of $18.88. IEH has a 1 year low of $7.50 and a 1 year high of $31.00.

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

About IEH

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.