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

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

Goodfood Market Stock Performance

Shares of GDDFF stock opened at $0.15 on Friday. The stock’s fifty day moving average is $0.15 and its 200-day moving average is $0.18. Goodfood Market has a 52 week low of $0.10 and a 52 week high of $0.26.

Analysts Set New Price Targets

Separately, Desjardins reiterated a “hold” rating on shares of Goodfood Market in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock 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.