Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Up 82.2% in May

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 27,171 shares, an increase of 82.2% from the April 30th total of 14,910 shares. Based on an average daily trading volume, of 117,307 shares, the days-to-cover ratio is currently 0.2 days.

Innovative Food Trading Up 0.0%

OTCMKTS:IVFH opened at $0.29 on Thursday. The company’s 50 day moving average price is $0.32 and its 200-day moving average price is $0.38. Innovative Food has a 52 week low of $0.26 and a 52 week high of $1.60.

Innovative Food (OTCMKTS:IVFH) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 EPS for the quarter. The firm had revenue of $12.18 million for the quarter.

About Innovative Food

Innovative Food Holdings, Inc, through its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. The company distributes perishable and specialty food and food related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegars, and curated food gift baskets and gift boxes, as well as a full range of food subscription based offerings.