SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 37,917 shares, an increase of 161.7% from the October 15th total of 14,489 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 123,854 shares, the days-to-cover ratio is presently 0.3 days.
SaverOne 2014 Price Performance
SVRE traded up $0.02 during mid-day trading on Friday, reaching $0.58. 12,076 shares of the stock were exchanged, compared to its average volume of 244,140. SaverOne 2014 has a 1 year low of $0.53 and a 1 year high of $19.92. The company has a 50 day moving average price of $1.56 and a two-hundred day moving average price of $3.01.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SaverOne 2014 in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on SaverOne 2014
About SaverOne 2014
SaverOne 2014 Ltd. is an Israeli technology company focused on improving road safety by reducing driver distraction caused by mobile devices. The company develops solutions designed to help prevent drivers from using distracting smartphone applications while a vehicle is in motion. Its primary product, the SaverOne system, is intended for installation in vehicles and uses software and connectivity technologies to identify driving conditions and restrict access to selected applications and functions.
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