N2OFF, Inc. (NASDAQ:NITO) Short Interest Up 619.5% in December

N2OFF, Inc. (NASDAQ:NITO) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 985,700 shares, a growth of 619.5% from the December 15th total of 137,000 shares. Currently, 6.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,400,000 shares, the short-interest ratio is currently 0.1 days.

N2OFF Stock Down 10.0 %

Shares of NASDAQ NITO traded down $0.15 during midday trading on Monday, reaching $1.35. 8,418,482 shares of the stock traded hands, compared to its average volume of 153,497,453. The company’s 50 day moving average is $0.45 and its 200 day moving average is $0.38. 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.