SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Down 60.7% in December

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the target of a significant decrease in short interest during the month of 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. Approximately 6.7% of the company’s shares are short sold. Based on an average daily volume of 139,142 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 139,142 shares, the days-to-cover ratio is currently 0.4 days. Approximately 6.7% of the company’s shares are short sold.

SaverOne 2014 Stock Up 16.0%

SaverOne 2014 stock traded up $0.23 during midday trading on Friday, hitting $1.67. 39,873,299 shares of the stock were exchanged, compared to its average volume of 3,676,787. The business’s 50-day moving average price is $3.21 and its 200-day moving average price is $7.15. The company has a quick ratio of 2.85, a current ratio of 3.48 and a debt-to-equity ratio of 0.02. SaverOne 2014 has a 52-week low of $1.21 and a 52-week high of $111.59.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, 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.