Innovative Designs, Inc. (OTCMKTS:IVDN) Short Interest Update

Innovative Designs, Inc. (OTCMKTS:IVDN) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 2,200 shares, a decline of 18.5% from the May 31st total of 2,700 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 0.4 days.

Innovative Designs Price Performance

IVDN stock remained flat at $0.15 during trading on Tuesday. Innovative Designs has a one year low of $0.10 and a one year high of $0.35. The company has a quick ratio of 1.11, a current ratio of 4.09 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average price of $0.16 and a two-hundred day moving average price of $0.16.

Innovative Designs Company Profile

Innovative Designs, Inc engages in manufacture and marketing of cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation for the building construction industry.