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

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) saw a significant decrease in short interest during 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 trading volume of 234,047 shares, the days-to-cover ratio is presently 0.1 days.

Innovative Food Stock Performance

Innovative Food stock opened at $0.28 on Friday. Innovative Food has a one year low of $0.26 and a one year high of $1.40. The stock has a fifty day moving average of $0.30 and a 200 day moving average of $0.37.

Innovative Food (OTCMKTS:IVFH) last posted its quarterly earnings data 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.