Short Interest in N2OFF, Inc. (NASDAQ:NITO) Declines By 78.2%

N2OFF, Inc. (NASDAQ:NITO) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 88,100 shares, a decline of 78.2% from the October 31st total of 404,500 shares. Based on an average daily volume of 5,500,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.9% of the shares of the company are sold short.

N2OFF Price Performance

Shares of NASDAQ:NITO remained flat at $0.22 during trading on Wednesday. 500,496 shares of the stock were exchanged, compared to its average volume of 1,747,511. The firm’s 50 day moving average is $0.24 and its two-hundred day moving average is $0.43. N2OFF has a 12 month low of $0.17 and a 12 month high of $7.55.

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.