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

by · The Cerbat Gem

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

Innovative Food Trading Up 1.9%

Shares of IVFH stock opened at $0.30 on Tuesday. Innovative Food has a twelve month low of $0.26 and a twelve month high of $1.60. The stock has a fifty day simple moving average of $0.32 and a two-hundred day simple moving average of $0.38.

Innovative Food (OTCMKTS:IVFH – Get Free Report) last released its quarterly earnings data 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.

About Innovative Food

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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.

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