Goodfood Market Corp. (OTCMKTS:GDDFF) Short Interest Down 48.1% in August

by · The Markets Daily

Goodfood Market Corp. (OTCMKTS:GDDFF – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 109,184 shares, a drop of 48.1% from the July 30th total of 210,184 shares. Based on an average daily volume of 56,660 shares, the short-interest ratio is currently 1.9 days.

Goodfood Market Price Performance

Shares of Goodfood Market stock remained flat at $0.02 during trading on Friday. The firm has a 50 day simple moving average of $0.06 and a 200 day simple moving average of $0.13. Goodfood Market has a 1-year low of $0.01 and a 1-year high of $0.26.

About Goodfood Market

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Goodfood Market Corp is a Canadian e-commerce company specializing in the delivery of fresh, pre-portioned meal kits and grocery products. Trading over the counter in the U.S. under the symbol GDDFF, the company leverages an online subscription model to offer consumers a curated selection of recipes that can be prepared at home with minimal waste and maximum convenience.

The company’s core offerings include weekly meal kits featuring varied menus designed to suit dietary preferences such as vegetarian, gluten-free and low-carb.

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