Innovative Designs, Inc. (OTCMKTS:IVDN – Get Rating) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 400 shares, a growth of 100.0% from the April 15th total of 200 shares. Based on an average daily trading volume, of 20,500 shares, the days-to-cover ratio is currently 0.0 days.
Innovative Designs stock traded down $0.02 on Friday, hitting $0.18. 11,300 shares of the stock traded hands, compared to its average volume of 11,612. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.64 and a current ratio of 1.70. The business’s fifty day simple moving average is $0.26 and its 200 day simple moving average is $0.33. Innovative Designs has a 1 year low of $0.11 and a 1 year high of $0.44.
About Innovative Designs (Get Rating)
Innovative Designs, Inc manufactures and markets cold weather recreational and industrial clothing products in the United States and Canada. The company operates in two segments, Apparel and House Wrap. It offers arctic armor line products, including jackets, bibs, and gloves for ice fisherman, snowmobilers, utility workers, oil/gas pipeline workers, railroad workers, construction workers, ski resort workers, and police and first responders; and house wrap that provides barrier protection and moisture vapor transmission and insulation, and tape products for the building construction industry.
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