Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Stock Short Interest Drops 94.8%

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,302 shares, a decline of 94.8% from the September 30th total of 25,024 shares. Based on an average trading volume of 155,399 shares, the days-to-cover ratio is presently 0.0 days.

Innovative Food Price Performance

Shares of OTCMKTS:IVFH traded down $0.02 during mid-day trading on Wednesday, reaching $0.15. 170,823 shares of the company’s stock were exchanged, compared to its average volume of 84,020. The business’s fifty day moving average price is $0.20 and its 200-day moving average price is $0.31. Innovative Food has a twelve month low of $0.13 and a twelve month high of $0.55.

Innovative Food Company Profile

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.