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

Steakholder Foods Ltd. (NASDAQ:STKH) was the target of a large drop in short interest in 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 currently 0.3 days.

Steakholder Foods Trading Up 1.9 %

Shares of Steakholder Foods stock traded up $0.03 on Friday, hitting $1.63. 1,842 shares of the company were exchanged, compared to its average volume of 27,900. The company has a 50-day moving average price of $1.94 and a 200 day moving average price of $2.58. Steakholder Foods has a 1-year low of $1.43 and a 1-year high of $7.70.

Steakholder Foods Company Profile

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.