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

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

IVFH traded down $0.01 during trading on Friday, reaching $0.31. The company’s stock had a trading volume of 91,129 shares, compared to its average volume of 36,223. The firm has a fifty day simple moving average of $0.36 and a two-hundred day simple moving average of $0.38. Innovative Food has a 1 year low of $0.12 and a 1 year high of $0.82.

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