Goodfood Market Corp. (OTCMKTS:GDDFF) Sees Large Drop in Short Interest

Goodfood Market Corp. (OTCMKTS:GDDFFGet 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 trading volume, of 56,660 shares, the days-to-cover ratio is currently 1.9 days.

Goodfood Market Price Performance

OTCMKTS:GDDFF remained flat at $0.02 during mid-day trading on Monday. Goodfood Market has a one year low of $0.01 and a one year high of $0.26. The company’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.13.

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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