Short Interest in Innovative Designs, Inc. (OTCMKTS:IVDN) Grows By ∞

Innovative Designs, Inc. (OTCMKTS:IVDN) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 744 shares, a growth of ∞ from the April 15th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 19,130 shares, the short-interest ratio is presently 0.0 days.

Innovative Designs Stock Up 3.1%

IVDN stock traded up $0.01 during midday trading on Monday, hitting $0.33. The company’s stock had a trading volume of 4,400 shares, compared to its average volume of 44,829. The firm’s 50-day moving average is $0.34 and its 200-day moving average is $0.27. The company has a current ratio of 7.40, a quick ratio of 4.75 and a debt-to-equity ratio of 0.01. Innovative Designs has a 12 month low of $0.13 and a 12 month high of $0.42. The company has a market cap of $12.71 million, a PE ratio of 11.00 and a beta of -2.86.

About Innovative Designs

Innovative Designs, Inc engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry.