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

Inno Holdings Inc. (NASDAQ:INHD) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 28,800 shares, an increase of 29.1% from the January 31st total of 22,300 shares. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.4% of the company’s shares are short sold.

Inno Price Performance

Shares of INHD traded down $0.13 during trading hours on Thursday, reaching $4.56. The stock had a trading volume of 237 shares, compared to its average volume of 16,364. Inno has a 52 week low of $3.00 and a 52 week high of $10.70. The firm has a 50-day moving average of $4.83 and a 200 day moving average of $4.88.

Inno (NASDAQ:INHD) last issued its quarterly earnings data on Friday, February 14th. The company reported ($0.22) earnings per share (EPS) for the quarter. Inno had a negative net margin of 329.18% and a negative return on equity of 62.48%. The business had revenue of $200 billion during 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.