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

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

IEH Stock Up 4.6%

Shares of OTCMKTS:IEHC traded up $1.30 on Tuesday, reaching $29.55. The company had a trading volume of 4,317 shares, compared to its average volume of 3,080. The firm has a market capitalization of $72.99 million, a PE ratio of -2,955.00 and a beta of -0.09. The company has a current ratio of 7.02, a quick ratio of 4.85 and a debt-to-equity ratio of 0.01. IEH has a 52-week low of $7.50 and a 52-week high of $31.00. The firm’s 50 day simple moving average is $22.01 and its 200-day simple moving average is $18.88.

IEH (OTCMKTS:IEHC) last posted its earnings results on Friday, August 7th. The company reported $0.25 earnings per share (EPS) for the quarter. The company 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%.

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.