Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Grows By 260.5%

by · The Cerbat Gem

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 153,098 shares, an increase of 260.5% from the November 30th total of 42,467 shares. Approximately 43.7% of the company’s stock are sold short. Based on an average trading volume of 543,940 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 543,940 shares, the days-to-cover ratio is currently 0.3 days. Approximately 43.7% of the company’s stock are sold short.

SaverOne 2014 Price Performance

NASDAQ:SVRE opened at $1.37 on Friday. SaverOne 2014 has a fifty-two week low of $1.33 and a fifty-two week high of $158.40. The company has a current ratio of 3.48, a quick ratio of 2.85 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average price of $4.63 and a 200-day moving average price of $8.28.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SVRE. Weiss Ratings reiterated a “sell (e+)” rating on shares of SaverOne 2014 in a research note on Monday, December 15th. Zacks Research raised shares of SaverOne 2014 to a “hold” rating in a research report on Thursday, September 11th. Finally, Wall Street Zen upgraded shares of SaverOne 2014 from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, SaverOne 2014 presently has a consensus rating of “Reduce”.

Read Our Latest Stock Report on SVRE

About SaverOne 2014

(Get Free Report)

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.

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