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

Ieh Corp (OTCMKTS:IEHC) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 54 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of IEH to a “hold” rating in a report on Wednesday, September 16th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, IEH currently has an average rating of “Hold”.

IEH Stock Performance

Shares of IEHC traded up $1.39 on Friday, reaching $29.90. 8,187 shares of the company’s stock traded hands, compared to its average volume of 3,345. The stock has a market cap of $74.36 million, a PE ratio of -2,990.00 and a beta of -0.12. IEH has a 52-week low of $8.50 and a 52-week high of $33.88. The company has a current ratio of 9.17, a quick ratio of 6.09 and a debt-to-equity ratio of 0.01. The stock’s 50 day simple moving average is $30.07 and its two-hundred day simple moving average is $21.92.

IEH (OTCMKTS:IEHC) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $10.02 million for the quarter. IEH had a net margin of 0.04% and a return on equity of 0.06%. On average, analysts forecast that IEH will post 0.71 earnings per share for the current fiscal year.

About IEH

IEH Corporation (OTCMKTS:IEHC) designs and manufactures high-reliability interconnect products and electronic packaging solutions. Its offerings include custom connectors, sockets, and related components used to establish electrical connections within demanding electronic systems.

The company serves markets that require durable and precise interconnection technology, including aerospace, defense, medical, industrial, and other commercial applications. IEH’s products are intended for use in environments where performance, reliability, and resistance to demanding operating conditions are important.

IEH Corporation has a long operating history in the interconnect industry and provides customized engineering and manufacturing services to support customer-specific requirements.