Short Interest in Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Grows By 82.2%

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 27,171 shares, an increase of 82.2% from the April 30th total of 14,910 shares. Based on an average daily trading volume, of 117,307 shares, the days-to-cover ratio is currently 0.2 days.

Innovative Food Price Performance

Shares of OTCMKTS:IVFH remained flat at $0.29 during trading on Wednesday. 119,444 shares of the stock traded hands, compared to its average volume of 77,942. Innovative Food has a 12 month low of $0.26 and a 12 month high of $1.60. The company’s fifty day moving average is $0.32 and its 200-day moving average is $0.38.

Innovative Food (OTCMKTS:IVFH) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 EPS for the quarter. The business 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.