SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Up 454.6% in July

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 34,476 shares, a growth of 454.6% from the June 30th total of 6,216 shares. Based on an average daily volume of 154,742 shares, the days-to-cover ratio is currently 0.2 days. Approximately 13.3% of the company’s stock are short sold.

Insider Buying and Selling at SaverOne 2014

In other news, Director Visionwave Holdings, Inc. bought 5,529,600 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were 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 document filed with the SEC, which can be accessed through this link.

SaverOne 2014 Stock Performance

SVRE traded down $0.15 during mid-day trading on Friday, reaching $3.56. 35,537 shares of the stock were exchanged, compared to its average volume of 1,501,389. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 1.88. The company has a 50 day moving average price of $3.55 and a two-hundred day moving average price of $3.81. SaverOne 2014 has a 1 year low of $2.02 and a 1 year high of $31.08.

Analyst Ratings Changes

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

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.