Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Sees Significant Decrease in Short Interest

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 15,621 shares, a decrease of 42.5% from the May 14th total of 27,171 shares. Based on an average daily trading volume, of 234,047 shares, the days-to-cover ratio is presently 0.1 days.

Innovative Food Stock Performance

OTCMKTS IVFH traded up $0.02 during trading hours on Tuesday, hitting $0.30. 5,292 shares of the company’s stock were exchanged, compared to its average volume of 77,610. The business’s 50 day moving average is $0.30 and its 200-day moving average is $0.37. Innovative Food has a 12-month low of $0.26 and a 12-month high of $1.40.

Innovative Food (OTCMKTS:IVFH) last released its earnings results on Wednesday, May 20th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $12.18 million for the quarter.

Innovative Food Company Profile

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.