Short Interest in Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Rises By 3,500.0%

Innovative Food Holdings, Inc. (OTCMKTS:IVFHGet Rating) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 3,600 shares, an increase of 3,500.0% from the June 30th total of 100 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 2.1 days.

Innovative Food Stock Performance

Shares of OTCMKTS IVFH opened at $0.27 on Thursday. The firm has a fifty day simple moving average of $0.25 and a two-hundred day simple moving average of $0.30. Innovative Food has a 12 month low of $0.13 and a 12 month high of $0.52.

Innovative Food (OTCMKTS:IVFHGet Rating) last issued its quarterly earnings data on Tuesday, May 17th. The company reported ($0.03) EPS for the quarter. The business had revenue of $15.64 million for the quarter.

Innovative Food Company Profile

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Innovative Food Holdings, Inc, through its subsidiaries, provides 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 approximately 7,000 perishable and specialty food and food related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, and estate-bottled olive oils and aged vinegars, as well as curated food gift baskets, gift boxes, and a full range of food subscription based offerings.

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