Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH) Stock Short Interest Report for October

Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 217,005 shares, an increase of 540.0% from the October 15th total of 33,907 shares. Based on an average daily trading volume, of 1,597,418 shares, the short-interest ratio is currently 0.1 days. Currently, 33.4% of the company’s stock are short sold.

Steakholder Foods Stock Performance

Shares of STKH traded down $0.34 on Thursday, hitting $2.02. 25,194 shares of the stock traded hands, compared to its average volume of 229,723. Steakholder Foods has a 1 year low of $1.51 and a 1 year high of $61.35. The stock’s 50 day moving average is $5.60 and its two-hundred day moving average is $16.00.

Steakholder Foods (NASDAQ:STKH – Get Free Report) last posted its quarterly earnings results on Tuesday, August 25th. The company reported ($5.00) earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

Several analysts have recently weighed in on STKH shares. Wall Street Zen raised Steakholder Foods to a “sell” rating in a report on Saturday, October 3rd. Weiss Ratings downgraded Steakholder Foods from a “sell (e+)” rating to a “sell (e)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Check Out Our Latest Report on STKH

Steakholder Foods Company Profile

(Get Free Report)

Steakholder Foods Ltd. is an Israel-based food-technology company developing technologies for the cultivated meat and seafood industry. The company focuses on producing structured, cell-based foods by combining cell cultivation, bio-ink formulation and three-dimensional bioprinting. Its technology is designed to replicate the texture and appearance of conventional meat and seafood, with research and development efforts spanning cultivated beef, chicken, pork and fish products. Steakholder Foods also develops specialized 3D printers and related production systems intended to deposit different cell-based and plant-based ingredients in precise structures.

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