Goodfood Market Corp. (OTCMKTS:GDDFF) Short Interest Update

Goodfood Market Corp. (OTCMKTS:GDDFF) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 158,314 shares, a decline of 57.5% from the May 14th total of 372,314 shares. Based on an average daily trading volume, of 30,676 shares, the days-to-cover ratio is presently 5.2 days.

Goodfood Market Stock Performance

Shares of OTCMKTS GDDFF opened at $0.15 on Friday. The business has a fifty day simple moving average of $0.15 and a 200 day simple moving average of $0.18. Goodfood Market has a one year low of $0.10 and a one year high of $0.26.

Analyst Ratings Changes

Separately, Desjardins reiterated a “hold” rating on shares of Goodfood Market in a report on Thursday, April 23rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Goodfood Market Company Profile

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.