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

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 21,053 shares, a decrease of 53.6% from the January 15th total of 45,390 shares. Based on an average trading volume of 168,271 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 168,271 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Food Trading Down 1.1%

Shares of OTCMKTS:IVFH traded down $0.00 during midday trading on Thursday, reaching $0.45. The company had a trading volume of 109,747 shares, compared to its average volume of 104,321. The company has a fifty day simple moving average of $0.41 and a two-hundred day simple moving average of $0.58. Innovative Food has a 1-year low of $0.30 and a 1-year high of $2.50.

Innovative Food (OTCMKTS:IVFH) last released its earnings results on Friday, November 14th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $16.42 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.