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

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 51,939 shares, a growth of 117.5% from the June 15th total of 23,876 shares. Based on an average daily volume of 121,007 shares, the days-to-cover ratio is currently 0.4 days.

Innovative Food Stock Performance

OTCMKTS:IVFH traded down $0.01 during trading hours on Wednesday, reaching $0.29. The company had a trading volume of 554 shares, compared to its average volume of 76,650. The stock has a 50-day moving average of $0.29 and a two-hundred day moving average of $0.36. Innovative Food has a one year low of $0.24 and a one year high of $1.32.

Innovative Food (OTCMKTS:IVFH) last announced its earnings results on Wednesday, May 20th. The company reported $0.01 earnings per share (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.