Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Expands By 208.2%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 124,179 shares, an increase of 208.2% from the January 15th total of 40,287 shares. Based on an average daily trading volume, of 4,552,797 shares, the short-interest ratio is currently 0.0 days. Currently, 11.9% of the shares of the stock are sold short. Currently, 11.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,552,797 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

SaverOne 2014 Trading Down 2.0%

SVRE stock opened at $0.74 on Thursday. 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 firm has a 50-day moving average of $1.82 and a two-hundred day moving average of $5.60. SaverOne 2014 has a 12 month low of $0.68 and a 12 month high of $66.00.

SaverOne 2014 shares are set to reverse split before the market opens on Tuesday, February 24th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 23rd.

SaverOne 2014 Company Profile

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.