N2OFF, Inc. (NASDAQ:NITO) Short Interest Up 1,471.9% in January

N2OFF, Inc. (NASDAQ:NITO) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 79,366 shares, a growth of 1,471.9% from the January 15th total of 5,049 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average daily volume of 4,382,157 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 4,382,157 shares, the short-interest ratio is presently 0.0 days. Currently, 3.0% of the shares of the company are sold short.

Institutional Trading of N2OFF

A hedge fund recently bought a new stake in N2OFF stock. Yorkville Advisors Global LP acquired a new position in shares of N2OFF, Inc. (NASDAQ:NITO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,980 shares of the company’s stock, valued at approximately $130,000. N2OFF accounts for 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 25th biggest holding. Yorkville Advisors Global LP owned 3.68% of N2OFF at the end of the most recent reporting period. 61.24% of the stock is owned by institutional investors and hedge funds.

N2OFF Stock Performance

N2OFF stock opened at $1.02 on Wednesday. The stock has a 50-day simple moving average of $1.92 and a 200 day simple moving average of $4.20. The stock has a market capitalization of $2.76 million, a P/E ratio of -0.03 and a beta of 1.66. N2OFF has a 52 week low of $0.88 and a 52 week high of $40.60.

N2OFF (NASDAQ:NITO) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($8.29) earnings per share for the quarter. The firm had revenue of $0.07 million for the quarter.

N2OFF Company Profile

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. The company’s products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens.