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

SaverOne 2014 Ltd. (NASDAQ:SVRE) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 415,400 shares, an increase of 169.9% from the December 15th total of 153,900 shares. Based on an average daily volume of 359,200 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On SaverOne 2014

A hedge fund recently raised its stake in SaverOne 2014 stock. Kathmere Capital Management LLC boosted its stake in shares of SaverOne 2014 Ltd. (NASDAQ:SVRE) by 10.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,466,081 shares of the company’s stock after buying an additional 891,062 shares during the period. Kathmere Capital Management LLC owned about 591.63% of SaverOne 2014 worth $3,786,000 at the end of the most recent reporting period. 4.92% of the stock is currently owned by institutional investors and hedge funds.

SaverOne 2014 Stock Down 0.6 %

SaverOne 2014 stock traded down $0.01 during mid-day trading on Tuesday, hitting $0.82. The company’s stock had a trading volume of 47,899 shares, compared to its average volume of 341,677. SaverOne 2014 has a twelve month low of $0.80 and a twelve month high of $27.00. The stock’s fifty day moving average price is $1.13 and its two-hundred day moving average price is $3.01. The company has a current ratio of 1.81, a quick ratio of 1.28 and a debt-to-equity ratio of 0.08.

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.