Inno Holdings Inc. (NASDAQ:INHD – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 12,600 shares, an increase of 306.5% from the August 31st total of 3,100 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 32,100 shares, the days-to-cover ratio is currently 0.4 days.
Inno Price Performance
Shares of NASDAQ INHD opened at $0.53 on Friday. The business has a fifty day simple moving average of $0.56 and a 200-day simple moving average of $0.63. The company has a quick ratio of 1.73, a current ratio of 1.99 and a debt-to-equity ratio of 0.02. Inno has a 12 month low of $0.35 and a 12 month high of $19.21.
Inno (NASDAQ:INHD – Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $0.05 million for the quarter.
Inno Company Profile
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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