After Reaching Milestone, Is Ies Holdings Inc (NASDAQ:IESC)’s Short Interest Revealing Something?

The stock of Ies Holdings Inc (NASDAQ:IESC) registered an increase of 9.56% in short interest. IESC’s total short interest was 176,500 shares in September as published by FINRA. Its up 9.56% from 161,100 shares, reported previously. With 26,500 shares average volume, it will take short sellers 7 days to cover their IESC’s short positions. The short interest to Ies Holdings Inc’s float is 0.88%.

The stock increased 2.65% or $0.53 during the last trading session, reaching $20.55. About 21,369 shares traded or 6.25% up from the average. IES Holdings, Inc. (NASDAQ:IESC) has risen 3.78% since September 13, 2018 and is uptrending. It has outperformed by 3.78% the S&P500.

IES Holdings, Inc. engages in communications, residential, commercial and industrial, and infrastructure solutions businesses in the United States. The company has market cap of $435.99 million. The companyÂ’s Communications segment provides network infrastructure services for data centers and other mission critical environments. It has a 15.68 P/E ratio. This segment designs, installs, and maintains network infrastructure for financial, medical, hospitality, government, high-tech manufacturing, educational, and information technology industries; and creates and installs audio/visual, telephone, fire, wireless access, and intrusion alarm systems; and designs/builds, services, and maintains data network systems.

More notable recent IES Holdings, Inc. (NASDAQ:IESC) news were published by: Globenewswire.com which released: “IES Holdings Reports Fiscal 2019 First Quarter Results – GlobeNewswire” on February 05, 2019, also Globenewswire.com with their article: “IES Residential Acquires Utah-Based Business Nasdaq:IESC – GlobeNewswire” published on July 31, 2018, Globenewswire.com published: “IES Holdings Acquires Azimuth Communications Nasdaq:IESC – GlobeNewswire” on April 06, 2018. More interesting news about IES Holdings, Inc. (NASDAQ:IESC) were released by: Finance.Yahoo.com and their article: “Here is What Hedge Funds Think About The Meet Group, Inc. (MEET) – Yahoo Finance” published on June 24, 2019 as well as Seekingalpha.com‘s news article titled: “IES Holdings, Inc. 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha” with publication date: May 07, 2019.

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