SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Down 53.5% in February

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 57,735 shares, a decrease of 53.5% from the January 29th total of 124,179 shares. Approximately 5.6% of the shares of the company are sold short. Based on an average daily volume of 78,040 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 78,040 shares, the short-interest ratio is presently 0.7 days. Approximately 5.6% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of SaverOne 2014 in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

SaverOne 2014 Stock Down 2.2%

SVRE opened at $2.71 on Friday. The firm’s 50 day simple moving average is $4.51 and its two-hundred day simple moving average is $19.20. SaverOne 2014 has a 1-year low of $2.20 and a 1-year high of $196.03. The company has a current ratio of 3.48, a quick ratio of 2.85 and a debt-to-equity ratio of 0.02.

About SaverOne 2014

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.