Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Down 87.5% in December

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 33 shares, a decrease of 87.5% from the November 30th total of 263 shares. Based on an average daily volume of 262,006 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 262,006 shares, the short-interest ratio is currently 0.0 days.

Innovative Food Trading Up 7.9%

Shares of IVFH traded up $0.03 during midday trading on Wednesday, hitting $0.36. The company’s stock had a trading volume of 283,768 shares, compared to its average volume of 104,389. Innovative Food has a one year low of $0.30 and a one year high of $2.50. The company’s fifty day simple moving average is $0.39 and its two-hundred day simple moving average is $0.79.

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

About Innovative Food

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.