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

Ieh Corp (OTCMKTS:IEHC) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 54 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised IEH to a “hold” rating in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, IEH currently has an average rating of “Hold”.

IEH Trading Up 4.9%

Shares of OTCMKTS IEHC traded up $1.39 during mid-day trading on Friday, hitting $29.90. The company’s stock had a trading volume of 8,187 shares, compared to its average volume of 3,345. The stock has a market cap of $74.45 million, a price-to-earnings ratio of -2,990.00 and a beta of -0.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.17 and a quick ratio of 6.09. IEH has a one year low of $8.50 and a one year high of $33.88. The company’s fifty day simple moving average is $30.07 and its 200-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 EPS for the quarter. IEH had a net margin of 0.04% and a return on equity of 0.06%. The company had revenue of $10.02 million during the quarter. On average, sell-side analysts anticipate that IEH will post 0.71 earnings per share for the current fiscal year.

IEH Company Profile

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.