Sadot Group Inc. (NASDAQ:SDOT) Sees Large Decline in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 47,400 shares, a decrease of 14.1% from the December 31st total of 55,200 shares. Based on an average daily trading volume, of 79,200 shares, the short-interest ratio is presently 0.6 days. Currently, 1.1% of the company’s shares are sold short.

Sadot Group Stock Down 3.2 %

NASDAQ:SDOT traded down $0.09 during trading hours on Friday, reaching $2.76. The company had a trading volume of 50,722 shares, compared to its average volume of 40,950. Sadot Group has a twelve month low of $2.24 and a twelve month high of $7.00. The firm has a market cap of $16.17 million, a price-to-earnings ratio of 12.00 and a beta of 1.37. The business’s 50-day simple moving average is $3.65 and its two-hundred day simple moving average is $3.81.

About Sadot Group

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa.