Innovative Designs, Inc. (OTCMKTS:IVDN) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,500 shares, an increase of 400.0% from the October 31st total of 300 shares. Based on an average trading volume of 25,700 shares, the days-to-cover ratio is presently 0.1 days.
Shares of IVDN opened at $0.38 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.58 and a current ratio of 1.45. The firm’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.32. Innovative Designs has a twelve month low of $0.11 and a twelve month high of $0.50.
About Innovative Designs
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