Innovative Food Holdings, Inc. (OTCMKTS:IVFH) Short Interest Down 77.8% in July

Innovative Food Holdings, Inc. (OTCMKTS:IVFH) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 15,144 shares, a decline of 77.8% from the July 15th total of 68,091 shares. Based on an average daily volume of 102,288 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Food Trading Down 8.9%

OTCMKTS IVFH traded down $0.02 during mid-day trading on Thursday, hitting $0.25. The company’s stock had a trading volume of 33,283 shares, compared to its average volume of 73,407. Innovative Food has a 52-week low of $0.24 and a 52-week high of $1.12. The stock’s fifty day simple moving average is $0.28 and its two-hundred day simple moving average is $0.34.

Innovative Food (OTCMKTS:IVFH) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $12.18 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.