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

Key Points

• IEH’s short interest increased to 54 shares as of October 15, representing approximately 0.0% of shares outstanding and a 0.0-day days-to-cover ratio.
• IEH shares rose 4.9% to $29.90, with trading volume of 8,187 shares. The stock remains near its 52-week high of $33.88 and has a market capitalization of approximately $74.36 million.
• The company reported quarterly revenue of $10.02 million and EPS of $0.25, while analysts project $0.71 in full-year EPS. IEH currently has a consensus “Hold” rating.

Ieh Corp (OTCMKTS:IEHC - Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 54 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is presently 0.0 days.

IEH Trading Up 4.9%

Shares of IEH stock traded up $1.39 during 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 50-day moving average price of $30.07 and a two-hundred day moving average price of $21.92. IEH has a 52 week low of $8.50 and a 52 week high of $33.88. The stock has a market cap of $74.36 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 (OTCMKTS:IEHC - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.25 earnings per share (EPS) for the quarter. IEH had a return on equity of 0.06% and a net margin of 0.04%. The company had revenue of $10.02 million during the quarter. Equities research analysts anticipate that IEH will post 0.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of 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 data from MarketBeat.com, IEH currently has a consensus rating of "Hold".

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.

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