Odysight.ai Inc. (NASDAQ:ODYS) Short Interest Update
by Teresa Graham · The Cerbat GemOdysight.ai Inc. (NASDAQ:ODYS – Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,647 shares, a drop of 60.5% from the April 15th total of 6,697 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 17,673 shares, the days-to-cover ratio is currently 0.1 days.
Odysight.ai Trading Up 0.9%
Odysight.ai stock traded up $0.04 during midday trading on Friday, reaching $4.56. 141,978 shares of the stock traded hands, compared to its average volume of 2,069,702. The company has a 50-day simple moving average of $5.79 and a two-hundred day simple moving average of $4.69. Odysight.ai has a 12-month low of $2.60 and a 12-month high of $11.30. The firm has a market cap of $74.60 million, a PE ratio of -4.15 and a beta of -0.52.
Odysight.ai (NASDAQ:ODYS – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.32) EPS for the quarter. Odysight.ai had a negative net margin of 1,739.44% and a negative return on equity of 61.80%. The firm had revenue of $0.08 million for the quarter.
Hedge Funds Weigh In On Odysight.ai
A hedge fund recently bought a new stake in Odysight.ai stock. Noked Israel Ltd acquired a new stake in Odysight.ai Inc. (NASDAQ:ODYS – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai accounts for 0.1% of Noked Israel Ltd’s holdings, making the stock its 11th biggest holding. Noked Israel Ltd owned 1.23% of Odysight.ai as of its most recent filing with the Securities and Exchange Commission. 19.67% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Benchmark started coverage on Odysight.ai in a report on Monday, March 23rd. They set a “moderate buy” rating and a $10.00 target price for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $10.00.
Check Out Our Latest Research Report on Odysight.ai
About Odysight.ai
Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.