Inno Holdings Inc. (NASDAQ:INHD) Short Interest Up 333.3% in November

Inno Holdings Inc. (NASDAQ:INHD) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 45,500 shares, an increase of 333.3% from the October 31st total of 10,500 shares. Currently, 17.4% of the shares of the company are short sold. Based on an average daily volume of 69,600 shares, the short-interest ratio is presently 0.7 days.

Inno Stock Performance

Shares of NASDAQ:INHD traded up $0.02 on Friday, reaching $4.91. 8,352 shares of the company’s stock were exchanged, compared to its average volume of 34,145. The company has a fifty day moving average of $4.92 and a 200-day moving average of $5.62. Inno has a twelve month low of $3.00 and a twelve month high of $192.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.73 and a current ratio of 1.99.

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.