Innovative Food Holdings, Inc. (OTCMKTS:IVFH – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,302 shares, a drop of 94.8% from the September 30th total of 25,024 shares. Based on an average daily volume of 155,399 shares, the short-interest ratio is currently 0.0 days.
Innovative Food Trading Up 9.6%
Shares of OTCMKTS IVFH traded up $0.02 during mid-day trading on Monday, reaching $0.18. 13,066 shares of the company were exchanged, compared to its average volume of 84,372. The firm has a 50-day moving average of $0.20 and a 200 day moving average of $0.31. Innovative Food has a 1 year low of $0.13 and a 1 year high of $0.55.
About Innovative Food
Innovative Food Holdings, Inc is a specialty food company that sources, markets and distributes gourmet and hard-to-find food products. Its offerings include specialty meats, seafood, cheeses, caviar, truffles, prepared foods, produce, oils, vinegars and other premium pantry items.
The company serves both individual consumers and professional customers, including chefs, restaurants and other foodservice businesses. It sells products through e-commerce platforms, direct marketing and online specialty food channels, with its business historically associated with the igourmet brand and other specialty food initiatives.
Innovative Food Holdings was established in the early 2000s and has focused on using online ordering and direct distribution to connect customers with specialty food producers and suppliers.
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