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

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVREGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,434 shares, a decline of 39.2% from the May 31st total of 5,644 shares. Based on an average trading volume of 28,038 shares, the short-interest ratio is presently 0.1 days. Approximately 1.3% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings lowered SaverOne 2014 from a “sell (e+)” rating to a “sell (e)” rating in a research note on Wednesday, June 17th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, SaverOne 2014 has an average rating of “Reduce”.

View Our Latest Report on SVRE

SaverOne 2014 Price Performance

Shares of SVRE traded up $0.08 on Thursday, reaching $2.62. 279,300 shares of the company’s stock were exchanged, compared to its average volume of 372,098. The company has a current ratio of 2.34, a quick ratio of 1.88 and a debt-to-equity ratio of 0.02. The business has a 50 day moving average price of $4.22 and a two-hundred day moving average price of $4.28. SaverOne 2014 has a 12 month low of $2.02 and a 12 month high of $40.68.

SaverOne 2014 (NASDAQ:SVREGet Free Report) last announced its quarterly earnings data on Friday, March 27th. The company reported ($51.79) earnings per share for the quarter, missing the consensus estimate of ($45.99) by ($5.80). The company had revenue of $0.05 million for the quarter, compared to analyst estimates of $1.83 million.

Insider Activity

In other SaverOne 2014 news, Director Visionwave Holdings, Inc. bought 5,529,600 shares of SaverOne 2014 stock in a transaction dated Wednesday, June 3rd. The shares were acquired at an average cost of $4.00 per share, with a total value of $22,118,400.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

SaverOne 2014 Company Profile

(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.

Featured Articles

Receive News & Ratings for SaverOne 2014 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SaverOne 2014 and related companies with MarketBeat.com's FREE daily email newsletter.