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

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 6,216 shares, an increase of 81.0% from the June 15th total of 3,434 shares. Based on an average daily trading volume, of 2,631,336 shares, the short-interest ratio is currently 0.0 days. Approximately 2.4% of the shares of the company are sold short.

SaverOne 2014 Trading Up 20.8%

Shares of SaverOne 2014 stock opened at $3.14 on Friday. SaverOne 2014 has a fifty-two week low of $2.02 and a fifty-two week high of $37.44. The company has a quick ratio of 1.88, a current ratio of 2.34 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average of $3.77 and a 200 day moving average of $3.88.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, SaverOne 2014 has a consensus rating of “Reduce”.

Insider Buying and Selling at SaverOne 2014

In related news, Director Visionwave Holdings, Inc. acquired 5,529,600 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average cost of $4.00 per share, for a total transaction of $22,118,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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.