Short Interest in Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Drops By 61.2%

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,600 shares, a drop of 61.2% from the December 31st total of 17,000 shares. Based on an average daily volume of 50,400 shares, the days-to-cover ratio is presently 0.1 days.

Innovative Food Stock Performance

Shares of IVFH traded up $0.08 during trading hours on Friday, reaching $2.10. 61,821 shares of the company’s stock traded hands, compared to its average volume of 48,194. The firm’s 50 day simple moving average is $1.84 and its 200-day simple moving average is $1.57. Innovative Food has a 12 month low of $0.67 and a 12 month high of $2.20.

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.