Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Sees Large Decline in Short Interest

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,302 shares, a drop of 94.8% from the September 30th total of 25,024 shares. Based on an average trading volume of 155,399 shares, the short-interest ratio is currently 0.0 days.

Innovative Food Price Performance

Innovative Food stock opened at $0.18 on Tuesday. The company’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.31. Innovative Food has a fifty-two week low of $0.13 and a fifty-two week high of $0.55.

Innovative Food Company Profile

Innovative Food Holdings, Inc is a specialty food company that sources, markets and distributes gourmet and hard-to-find food products. Its offerings include specialty meats, seafood, cheeses, caviar, truffles, prepared foods, produce, oils, vinegars and other premium pantry items.

The company serves both individual consumers and professional customers, including chefs, restaurants and other foodservice businesses. It sells products through e-commerce platforms, direct marketing and online specialty food channels, with its business historically associated with the igourmet brand and other specialty food initiatives.

Innovative Food Holdings was established in the early 2000s and has focused on using online ordering and direct distribution to connect customers with specialty food producers and suppliers.