Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Expands By 53.0%

Sadot Group Inc. (NASDAQ:SDOT) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 121,776 shares, an increase of 53.0% from the December 31st total of 79,582 shares. Currently, 10.1% of the shares of the stock are sold short. Based on an average trading volume of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days. Currently, 10.1% of the shares of the stock are sold short.

Institutional Trading of Sadot Group

An institutional investor recently bought a new position in Sadot Group stock. Jane Street Group LLC bought a new stake in shares of Sadot Group Inc. (NASDAQ:SDOT) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned about 0.60% of Sadot Group at the end of the most recent quarter. Hedge funds and other institutional investors own 13.27% of the company’s stock.

Sadot Group Stock Performance

NASDAQ:SDOT traded down $0.06 on Friday, reaching $3.13. The company’s stock had a trading volume of 44,657 shares, compared to its average volume of 483,390. The firm has a market cap of $4.04 million, a PE ratio of -0.21 and a beta of 0.79. Sadot Group has a 1-year low of $1.17 and a 1-year high of $35.60. The business’s 50-day moving average price is $2.61 and its two-hundred day moving average price is $5.88.

Sadot Group (NASDAQ:SDOT) last posted its quarterly earnings data on Wednesday, November 19th. The company reported ($17.38) earnings per share for the quarter, missing the consensus estimate of $2.10 by ($19.48). Sadot Group had a negative return on equity of 41.55% and a negative net margin of 2.81%.The firm had revenue of $0.29 million for the quarter, compared to analyst estimates of $180.40 million. As a group, sell-side analysts expect that Sadot Group will post -0.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Sadot Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Sadot Group has a consensus rating of “Sell”.

Sadot Group Company Profile

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa. The company is also involved in the food service operations across the United States. The company was formerly known as Muscle Maker Inc and changed its name to Sadot Group Inc Sadot Group Inc was incorporated in 2019 and is headquartered in Fort Worth, Texas.