SaverOne 2014 Ltd. (NASDAQ:SVRE) Sees Significant Growth in Short Interest

SaverOne 2014 Ltd. (NASDAQ:SVRE) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 415,400 shares, a growth of 169.9% from the December 15th total of 153,900 shares. Based on an average trading volume of 359,200 shares, the short-interest ratio is currently 1.2 days.

SaverOne 2014 Trading Down 2.6 %

Shares of SVRE traded down $0.02 during mid-day trading on Thursday, hitting $0.87. 69,623 shares of the company traded hands, compared to its average volume of 298,712. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.28 and a current ratio of 1.81. The business has a 50 day moving average of $1.10 and a 200 day moving average of $2.95. SaverOne 2014 has a 1-year low of $0.80 and a 1-year high of $27.00.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SaverOne 2014 stock. Kathmere Capital Management LLC increased its stake in shares of SaverOne 2014 Ltd. (NASDAQ:SVRE) by 10.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,466,081 shares of the company’s stock after buying an additional 891,062 shares during the quarter. Kathmere Capital Management LLC owned about 591.63% of SaverOne 2014 worth $3,786,000 as of its most recent SEC filing. 4.92% of the stock is owned by institutional investors.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.