N2OFF, Inc. (NASDAQ:NITO) Short Interest Down 38.9% in February

N2OFF, Inc. (NASDAQ:NITO) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 406,600 shares, a decline of 38.9% from the January 31st total of 665,600 shares. Based on an average daily volume of 20,020,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.8% of the shares of the company are sold short.

N2OFF Trading Down 14.0 %

NITO stock traded down $0.06 during midday trading on Monday, reaching $0.37. 1,047,987 shares of the company were exchanged, compared to its average volume of 7,116,401. The business has a 50-day moving average price of $0.94 and a two-hundred day moving average price of $0.49. N2OFF has a one year low of $0.16 and a one year high of $3.49.

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.