Innovaro, Inc. (OTCMKTS:INNI) Short Interest Update

Innovaro, Inc. (OTCMKTS:INNI) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 600 shares, a decrease of 71.4% from the February 28th total of 2,100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.2 days.

Innovaro Price Performance

Shares of OTCMKTS:INNI remained flat at $0.01 during trading on Friday. Innovaro has a 1 year low of $0.00 and a 1 year high of $0.02. The stock’s 50-day moving average price is $0.01 and its 200-day moving average price is $0.01.

About Innovaro

Innovaro, Inc does not have significant operations. The company plans to acquire an operating company through reverse merger. Previously, it was engaged in the provision of software services. The company was formerly known as UTEK Corporation and changed its name to Innovaro, Inc in July 2010. Innovaro, Inc was incorporated in 1999 and is based in Smyrna, Delaware.