Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Sees Large Decline in Short Interest

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 15,621 shares, a decline of 42.5% from the May 14th total of 27,171 shares. Based on an average daily volume of 234,047 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Food Stock Performance

IVFH stock opened at $0.28 on Friday. Innovative Food has a 1-year low of $0.26 and a 1-year high of $1.40. The business has a fifty day moving average price of $0.30 and a 200-day moving average price of $0.37.

Innovative Food (OTCMKTS:IVFH) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $12.18 million during the quarter.

Innovative Food Company Profile

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.