Inno Holdings Inc. (NASDAQ:INHD – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 79,400 shares, an increase of 49.0% from the May 15th total of 53,300 shares. Based on an average daily volume of 401,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the company’s shares are sold short.
Inno Price Performance
INHD stock traded up $0.04 during mid-day trading on Friday, reaching $0.71. 74,094 shares of the stock traded hands, compared to its average volume of 223,231. The stock has a fifty day moving average of $0.62. The company has a current ratio of 1.81, a quick ratio of 1.69 and a debt-to-equity ratio of 0.02. Inno has a 52-week low of $0.50 and a 52-week high of $19.21.
Inno (NASDAQ:INHD – Get Free Report) last posted its quarterly earnings data on Monday, May 13th. The company reported ($0.05) EPS for the quarter. The company had revenue of $0.18 million for the quarter.
About Inno
Inno Holdings Inc manufactures and sells cold-formed-steel members, castor cubes, mobile factories, and prefabricated homes in the United States. The company provides cold-formed steel framing and a mobile factory for off-site equipment rental, sales, service, and support. It serves in residential, commercial, industrial, and infrastructure projects.
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