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

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

Innovaro Price Performance

OTCMKTS:INNI remained flat at $0.01 during trading hours on Friday. Innovaro has a twelve month low of $0.00 and a twelve month high of $0.02. The stock’s 50 day moving average is $0.01 and its two-hundred day moving average 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.