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

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

Innovaro Stock Performance

OTCMKTS:INNI opened at $0.01 on Thursday. The company’s 50 day moving average price is $0.01 and its 200-day moving average price is $0.01. Innovaro has a 52 week low of $0.00 and a 52 week high of $0.02.

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.