Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Expands By 153.3%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 17,443 shares, an increase of 153.3% from the April 15th total of 6,886 shares. Based on an average trading volume of 49,020 shares, the short-interest ratio is currently 0.4 days. Currently, 6.7% of the shares of the company are short sold.

SaverOne 2014 Trading Down 3.8%

SVRE stock traded down $0.19 during trading hours on Friday, hitting $4.84. 13,833 shares of the stock were exchanged, compared to its average volume of 42,738. The company has a quick ratio of 1.88, a current ratio of 2.34 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $3.80 and a two-hundred day simple moving average of $8.31. SaverOne 2014 has a 12 month low of $2.20 and a 12 month high of $68.28.

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

Insiders Place Their Bets

In other SaverOne 2014 news, Director Visionwave Holdings, Inc. purchased 49,420,800 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were acquired at an average price of $3.00 per share, for a total transaction of $148,262,400.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders acquired 107,524,800 shares of company stock valued at $322,574,400.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut SaverOne 2014 from a “sell (e+)” rating to a “sell (e)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus 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.