Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Grows By 81.0%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 6,216 shares, a growth of 81.0% from the June 15th total of 3,434 shares. Currently, 2.4% of the company’s stock are short sold. Based on an average daily volume of 2,631,336 shares, the days-to-cover ratio is currently 0.0 days.

SaverOne 2014 Stock Performance

Shares of SVRE traded up $0.06 during mid-day trading on Friday, reaching $3.20. The company’s stock had a trading volume of 102,861 shares, compared to its average volume of 1,483,065. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.88 and a current ratio of 2.34. SaverOne 2014 has a 1-year low of $2.02 and a 1-year high of $37.44. The business has a 50-day simple moving average of $3.73 and a two-hundred day simple moving average of $3.88.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Insider Buying and Selling at SaverOne 2014

In related news, Director Visionwave Holdings, Inc. acquired 5,529,600 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were bought at an average price of $4.00 per share, for a total transaction of $22,118,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

About SaverOne 2014

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.