Save Foods, Inc. (NASDAQ:SVFD – Get Rating) was the recipient of a large increase in short interest during the month of December. As of December 30th, there was short interest totalling 40,600 shares, an increase of 90.6% from the December 15th total of 21,300 shares. Based on an average daily volume of 56,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.0% of the shares of the stock are short sold.
Hedge Funds Weigh In On Save Foods
Several institutional investors have recently bought and sold shares of SVFD. Jane Street Group LLC bought a new position in Save Foods in the 3rd quarter valued at $48,000. Psagot Value Holdings Ltd. Israel bought a new stake in shares of Save Foods during the third quarter worth $57,000. Finally, Virtu Financial LLC bought a new stake in shares of Save Foods during the first quarter worth $174,000. Institutional investors own 14.50% of the company's stock.
Get Save Foods alerts:Save Foods Stock Up 6.4 %
SVFD traded up $0.07 during trading on Friday, hitting $1.19. The company's stock had a trading volume of 16,803 shares, compared to its average volume of 34,739. The firm's 50 day moving average price is $1.08 and its two-hundred day moving average price is $2.24. Save Foods has a 12 month low of $0.70 and a 12 month high of $8.00. The stock has a market capitalization of $3.43 million, a price-to-earnings ratio of -0.61 and a beta of 1.12.
Save Foods (NASDAQ:SVFD – Get Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported ($0.48) earnings per share (EPS) for the quarter. Save Foods had a negative net margin of 1,645.13% and a negative return on equity of 101.90%. The business had revenue of $0.05 million during the quarter.Save Foods Company Profile
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Save Foods, Inc, an agri-food tech company, develops and sells eco-friendly green treatments 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 oxidizing agent-based sanitizers for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.
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