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

Ieh Corp (OTCMKTS:IEHC) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1 shares, an increase of ∞ from the May 14th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,373 shares, the short-interest ratio is presently 0.0 days.

IEH Price Performance

Shares of IEHC traded up $0.35 during trading hours on Friday, hitting $20.10. The stock had a trading volume of 1,656 shares, compared to its average volume of 2,129. The firm has a 50 day simple moving average of $19.69 and a 200-day simple moving average of $15.16. The firm has a market capitalization of $49.65 million, a P/E ratio of -37.93 and a beta of -0.08. IEH has a 1-year low of $7.50 and a 1-year high of $21.00.

IEH (OTCMKTS:IEHC) last released its quarterly earnings results on Friday, June 12th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $8.53 million during the quarter. IEH had a negative return on equity of 4.05% and a negative net margin of 3.29%.

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.