SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Sees Significant Drop in Short Interest

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 60,197 shares, a decrease of 60.7% from the December 15th total of 153,098 shares. Based on an average trading volume of 139,142 shares, the short-interest ratio is presently 0.4 days. Approximately 6.7% of the company’s stock are sold short. Approximately 6.7% of the company’s stock are sold short. Based on an average trading volume of 139,142 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SaverOne 2014 presently has an average rating of “Reduce”.

SaverOne 2014 Trading Down 0.7%

Shares of SVRE opened at $1.40 on Wednesday. SaverOne 2014 has a fifty-two week low of $1.21 and a fifty-two week high of $112.80. The firm’s 50-day simple moving average is $3.39 and its two-hundred day simple moving average is $7.23. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.85 and a current ratio of 3.48.

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.