Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Rises By 53.3%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 88,495 shares, an increase of 53.3% from the February 12th total of 57,735 shares. Based on an average daily trading volume, of 154,932 shares, the short-interest ratio is currently 0.6 days. Approximately 33.9% of the company’s shares are sold short. Approximately 33.9% of the company’s shares are sold short. Based on an average daily trading volume, of 154,932 shares, the short-interest ratio is currently 0.6 days.

SaverOne 2014 Stock Performance

SVRE stock traded down $0.13 during mid-day trading on Friday, hitting $2.73. 13,932 shares of the company were exchanged, compared to its average volume of 318,883. SaverOne 2014 has a 1-year low of $2.20 and a 1-year high of $196.03. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.85 and a current ratio of 3.48. The firm’s 50 day simple moving average is $3.98 and its 200 day simple moving average is $16.86.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a report on Monday, December 29th. One research 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”.

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.