Short Interest in Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Rises By 307.0%

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 14,910 shares, an increase of 307.0% from the April 15th total of 3,663 shares. Based on an average daily volume of 25,662 shares, the days-to-cover ratio is presently 0.6 days.

Innovative Food Stock Performance

IVFH traded up $0.01 during trading on Wednesday, reaching $0.31. 27,191 shares of the company were exchanged, compared to its average volume of 75,754. Innovative Food has a 12-month low of $0.26 and a 12-month high of $1.84. The company’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.39.

Innovative Food (OTCMKTS:IVFH) last posted its earnings results on Monday, March 30th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $13.34 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.