SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Down 51.8% in March

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 42,615 shares, a decline of 51.8% from the February 26th total of 88,495 shares. Based on an average daily trading volume, of 109,402 shares, the short-interest ratio is presently 0.4 days. Approximately 16.4% of the shares of the stock are sold short.

SaverOne 2014 Price Performance

NASDAQ SVRE opened at $3.08 on Friday. SaverOne 2014 has a fifty-two week low of $2.20 and a fifty-two week high of $143.28. The business has a fifty day moving average of $3.40 and a 200-day moving average of $14.30. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.48 and a quick ratio of 2.85.

SaverOne 2014 (NASDAQ:SVRE) last issued its quarterly earnings results on Monday, March 30th. The company reported ($51.79) EPS for the quarter, missing analysts’ consensus estimates of ($45.99) by ($5.80). The firm had revenue of $0.05 million for the quarter, compared to analyst estimates of $1.84 million. Equities research analysts predict that SaverOne 2014 will post -4.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of SaverOne 2014 in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, SaverOne 2014 presently has an average rating of “Reduce”.

About SaverOne 2014

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.