Short Interest in Steakholder Foods Ltd. (NASDAQ:STKH) Drops By 31.8%

Steakholder Foods Ltd. (NASDAQ:STKH) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 15,200 shares, a drop of 31.8% from the February 13th total of 22,300 shares. Based on an average daily trading volume, of 34,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are short sold.

Steakholder Foods Stock Performance

Steakholder Foods stock opened at $1.17 on Monday. The business has a 50-day simple moving average of $1.51 and a two-hundred day simple moving average of $2.11. Steakholder Foods has a 52-week low of $1.10 and a 52-week high of $6.50.

Steakholder Foods Company Profile

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.