SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Update

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 6,886 shares, a decline of 41.6% from the March 31st total of 11,787 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 35,699 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

SaverOne 2014 Price Performance

Shares of NASDAQ:SVRE opened at $3.86 on Monday. SaverOne 2014 has a 52 week low of $2.20 and a 52 week high of $90.12. The firm has a fifty day simple moving average of $3.21 and a two-hundred day simple moving average of $10.14. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 1.88.

SaverOne 2014 (NASDAQ:SVRE) last issued its quarterly earnings data on Friday, March 27th. The company reported ($51.79) EPS for the quarter, missing analysts’ consensus estimates of ($45.99) by ($5.80). The business had revenue of $0.05 million for the quarter, compared to analyst estimates of $1.84 million.

Insider Transactions at SaverOne 2014

In related news, Director Visionwave Holdings, Inc. purchased 49,420,800 shares of SaverOne 2014 stock in a transaction on Monday, March 30th. The shares were bought at an average cost of $3.00 per share, for a total transaction of $148,262,400.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have acquired 107,524,800 shares of company stock valued at $322,574,400.

About SaverOne 2014

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.