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

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decrease of 95.0% from the December 15th total of 2,000 shares. Based on an average daily volume of 94,300 shares, the short-interest ratio is currently 0.0 days.

IVFH traded down $0.01 on Friday, hitting $0.31. 91,129 shares of the company were exchanged, compared to its average volume of 36,223. The business’s fifty day moving average is $0.36 and its 200 day moving average is $0.38. Innovative Food has a fifty-two week low of $0.12 and a fifty-two week high of $0.82.

Innovative Food (OTCMKTS:IVFH) last issued its earnings results on Tuesday, November 23rd. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $15.21 million for the quarter.

About Innovative Food

Innovative Food Holdings, Inc engages in the sourcing, preparation, and delivery of perishable and specialty food products. Its activities include distribution of fresh origin-specific perishable, and healthcare products to restaurants, hotels, country club, national chain accounts, casinos, hospitals, and catering houses.

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