Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Decreases By 63.8%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 6,315 shares, a decline of 63.8% from the April 30th total of 17,443 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average trading volume of 34,039 shares, the short-interest ratio is currently 0.2 days.

SaverOne 2014 Stock Up 6.0%

NASDAQ SVRE traded up $0.26 during trading hours on Monday, hitting $4.60. 2,949 shares of the stock were exchanged, compared to its average volume of 170,499. The company has a current ratio of 2.34, a quick ratio of 1.88 and a debt-to-equity ratio of 0.02. SaverOne 2014 has a 12-month low of $2.20 and a 12-month high of $68.28. The stock has a 50-day moving average of $4.09 and a 200 day moving average of $6.75.

SaverOne 2014 (NASDAQ:SVRE) last announced its quarterly earnings data on Friday, March 27th. The company reported ($51.79) earnings per share for the quarter, missing analysts’ consensus estimates of ($45.99) by ($5.80). The business had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.84 million.

Insider Buying and Selling

In related news, Director Visionwave Holdings, Inc. acquired 49,420,800 shares of SaverOne 2014 stock in a transaction on Monday, March 30th. The stock was purchased at an average cost of $3.00 per share, with a total value of $148,262,400.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders purchased 107,524,800 shares of company stock worth $322,574,400.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average 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.