Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Down 87.5% in December
by Danessa Lincoln · The Markets DailyInnovative Food Holdings, Inc. (OTCMKTS:IVFH – Get Free Report) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 33 shares, a decrease of 87.5% from the November 30th total of 263 shares. Based on an average trading volume of 262,006 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 262,006 shares, the short-interest ratio is presently 0.0 days.
Innovative Food Stock Performance
OTCMKTS IVFH traded up $0.03 during trading on Wednesday, reaching $0.36. The company’s stock had a trading volume of 283,768 shares, compared to its average volume of 104,389. The firm has a 50 day moving average price of $0.39 and a 200 day moving average price of $0.79. Innovative Food has a 12 month low of $0.30 and a 12 month high of $2.50.
Innovative Food (OTCMKTS:IVFH – Get Free Report) last released its quarterly 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 during 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.