Inno Holdings Inc. (NASDAQ:INHD) Short Interest Update

Inno Holdings Inc. (NASDAQ:INHD) 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. Currently, 0.5% of the company’s shares are sold short.

Inno Price Performance

INHD traded up $0.04 during trading hours on Friday, reaching $0.71. 74,094 shares of the company’s stock traded hands, compared to its average volume of 223,231. The company’s 50-day moving average price is $0.62. The company has a quick ratio of 1.69, a current ratio of 1.81 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) last issued its earnings results on Monday, May 13th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $0.18 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.