Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Up 164,700.0% in December

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 54,384 shares, an increase of 164,700.0% from the December 15th total of 33 shares. Based on an average trading volume of 318,524 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 318,524 shares, the short-interest ratio is currently 0.2 days.

Innovative Food Stock Performance

Shares of IVFH opened at $0.41 on Tuesday. The firm has a fifty day simple moving average of $0.38 and a 200 day simple moving average of $0.70. Innovative Food has a 12 month low of $0.30 and a 12 month high of $2.50.

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