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

Posted by Jessica Moore on Nov 30th, 2024

SaverOne 2014 Ltd. (NASDAQ:SVRE – Get Free Report) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 174,900 shares, an increase of 29.0% from the October 31st total of 135,600 shares. Based on an average daily volume of 246,400 shares, the days-to-cover ratio is presently 0.7 days.

SaverOne 2014 Stock Performance

SVRE traded down $0.05 during trading on Friday, hitting $1.07. The company’s stock had a trading volume of 47,983 shares, compared to its average volume of 76,531. SaverOne 2014 has a 12 month low of $1.00 and a 12 month high of $27.00. The company has a current ratio of 1.81, a quick ratio of 1.28 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average price is $1.85 and its two-hundred day moving average price is $4.87.

Institutional Trading of SaverOne 2014

A hedge fund recently raised its stake in SaverOne 2014 stock. Kathmere Capital Management LLC lifted its holdings in shares of SaverOne 2014 Ltd. (NASDAQ:SVRE – Free Report) by 10.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter. Institutional investors and hedge funds own 4.92% of the company’s stock.

SaverOne 2014 Company Profile

(Get Free Report)

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.