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

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 60,100 shares, adropof39.7% from the July 31st total of 99,600 shares. Based on an average daily volume of 1,970,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 1,970,000 shares, the short-interest ratio is presently 0.0 days.

SaverOne 2014 Stock Performance

NASDAQ SVRE opened at $1.66 on Monday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.48 and a quick ratio of 2.85. SaverOne 2014 has a twelve month low of $1.60 and a twelve month high of $137.09. The business’s fifty day moving average is $2.20 and its 200 day moving average is $5.66.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded SaverOne 2014 from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th.

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.