Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Down 53.6% in January

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 21,053 shares, a drop of 53.6% from the January 15th total of 45,390 shares. Based on an average daily volume of 168,271 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 168,271 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Food Price Performance

Shares of OTCMKTS IVFH remained flat at $0.45 during midday trading on Friday. 7,322 shares of the stock traded hands, compared to its average volume of 102,856. The company’s 50 day simple moving average is $0.41 and its two-hundred day simple moving average is $0.58. Innovative Food has a one year low of $0.30 and a one year high of $2.50.

Innovative Food (OTCMKTS:IVFH) last released its quarterly earnings data on Friday, November 14th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $16.42 million for 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.