Short Interest in Inno Holdings Inc. (NASDAQ:INHD) Expands By 25.6%

Inno Holdings Inc. (NASDAQ:INHD) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 29,400 shares, an increase of 25.6% from the November 30th total of 23,400 shares. Approximately 3.6% of the shares of the company are short sold. Based on an average daily volume of 78,200 shares, the days-to-cover ratio is currently 0.4 days.

Inno Price Performance

NASDAQ:INHD opened at $4.76 on Tuesday. The company has a quick ratio of 1.73, a current ratio of 1.74 and a debt-to-equity ratio of 0.02. Inno has a 1-year low of $3.00 and a 1-year high of $14.80. The company has a 50 day moving average price of $4.75 and a 200-day moving average price of $5.43.

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.