SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Sees Large Growth in Short Interest

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVREGet Free Report) 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 trading volume of 154,742 shares, the days-to-cover ratio is currently 0.2 days. Currently, 13.3% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised 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 given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce”.

Read Our Latest Research Report on SVRE

Insider Buying and Selling

In related news, Director Visionwave Holdings, Inc. purchased 5,529,600 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average price of $4.00 per share, for a total transaction of $22,118,400.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

SaverOne 2014 Price Performance

NASDAQ:SVRE opened at $3.56 on Monday. 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 firm’s 50-day moving average price is $3.55 and its 200-day moving average price is $3.79. SaverOne 2014 has a 1-year low of $2.02 and a 1-year high of $30.12.

About SaverOne 2014

(Get Free Report)

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.

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