Steakholder Foods Ltd. (NASDAQ:STKH) Sees Significant Decrease in Short Interest

Steakholder Foods Ltd. (NASDAQ:STKH) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 10,200 shares, a drop of 32.5% from the December 15th total of 15,100 shares. Based on an average daily volume of 30,000 shares, the days-to-cover ratio is presently 0.3 days.

Steakholder Foods Stock Performance

Steakholder Foods stock traded down $0.04 during mid-day trading on Thursday, hitting $1.60. The company’s stock had a trading volume of 18,170 shares, compared to its average volume of 30,517. The business has a 50 day moving average price of $1.96 and a 200-day moving average price of $2.59. Steakholder Foods has a 12 month low of $1.43 and a 12 month high of $7.70.

About Steakholder Foods

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.