SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Stock Short Interest Report for October

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a significant increase in short interest in 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. Based on an average daily volume of 123,854 shares, the short-interest ratio is presently 0.3 days. Approximately 1.5% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SaverOne 2014 in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, SaverOne 2014 currently has an average rating of “Sell”.

SaverOne 2014 Stock Up 2.9%

Shares of SaverOne 2014 stock traded up $0.02 during trading hours on Friday, reaching $0.58. The company’s stock had a trading volume of 12,076 shares, compared to its average volume of 244,140. SaverOne 2014 has a one year low of $0.53 and a one year high of $19.92. The stock’s fifty day simple moving average is $1.56 and its two-hundred day simple moving average is $3.01.

SaverOne 2014 Company Profile

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.