Short Interest in Ieh Corp (OTCMKTS:IEHC) Expands By 2,716.7%

Ieh Corp (OTCMKTS:IEHC) was the target of a large increase in short interest during the month of 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. Based on an average trading volume of 24,552 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

IEH Stock Down 1.9%

Shares of IEHC opened at $33.10 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.17 and a quick ratio of 6.09. The stock has a market capitalization of $82.09 million, a price-to-earnings ratio of -3,310.00 and a beta of -0.09. IEH has a 1 year low of $7.50 and a 1 year high of $33.88. The business’s 50 day simple moving average is $24.51 and its 200-day simple moving average is $20.24.

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

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.