Sadot Group Inc. (NASDAQ:SDOT) Sees Large Increase in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 55,200 shares, an increase of 52.9% from the December 15th total of 36,100 shares. Based on an average daily volume of 81,600 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.4% of the company’s stock are short sold.

Sadot Group Stock Up 0.7 %

SDOT stock traded up $0.03 during midday trading on Friday, reaching $3.42. 31,737 shares of the company’s stock traded hands, compared to its average volume of 47,611. Sadot Group has a 52 week low of $2.24 and a 52 week high of $7.00. The company has a market cap of $20.01 million, a price-to-earnings ratio of 14.85 and a beta of 1.37. The firm’s fifty day moving average price is $3.75 and its 200-day moving average price is $3.92.

About Sadot Group

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa.