N2OFF, Inc. (NASDAQ:NITO) Short Interest Down 50.8% in December

N2OFF, Inc. (NASDAQ:NITO) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 4,391 shares, a decrease of 50.8% from the December 15th total of 8,921 shares. Based on an average daily trading volume, of 34,525 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 34,525 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

NITO has been the subject of a number of research analyst reports. Wall Street Zen raised shares of N2OFF to a “sell” rating in a report on Saturday, October 4th. Weiss Ratings restated a “sell (e+)” rating on shares of N2OFF in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

N2OFF Stock Down 7.4%

Shares of NITO stock traded down $0.13 during trading hours on Friday, reaching $1.62. 84,736 shares of the stock traded hands, compared to its average volume of 123,989. The business has a fifty day moving average price of $2.47 and a 200 day moving average price of $5.17. N2OFF has a 1-year low of $1.40 and a 1-year high of $53.55. The firm has a market capitalization of $4.39 million, a PE ratio of -0.05 and a beta of 1.67.

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

Institutional Trading of N2OFF

An institutional investor recently bought a new position in N2OFF stock. Yorkville Advisors Global LP acquired a new stake in shares of N2OFF, Inc. (NASDAQ:NITO) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 portfolio, making the stock its 25th biggest position. Yorkville Advisors Global LP owned approximately 3.68% of N2OFF as of its most recent filing with the Securities & Exchange Commission. 61.24% of the stock is currently owned by hedge funds and other institutional investors.

About N2OFF

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.