Sadot Group Inc. (NASDAQ:SDOT – Get Free Report) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 83,501 shares, an increase of 22.0% from the February 26th total of 68,442 shares. Based on an average daily volume of 51,196 shares, the short-interest ratio is presently 1.6 days. Currently, 6.5% of the company’s shares are short sold.
Hedge Funds Weigh In On Sadot Group
A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC bought a new position in Sadot Group Inc. (NASDAQ:SDOT – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group as of its most recent filing with the SEC. 13.27% of the stock is owned by institutional investors.
Sadot Group Price Performance
SDOT remained flat at $1.55 on Monday. The company had a trading volume of 10,317 shares, compared to its average volume of 34,467. The stock’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $3.64. Sadot Group has a fifty-two week low of $1.17 and a fifty-two week high of $26.90. The company has a market capitalization of $2.00 million, a PE ratio of -0.10 and a beta of 0.84.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Sadot Group
Sadot Group Company Profile
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. The company is also involved in the food service operations across the United States. The company was formerly known as Muscle Maker Inc and changed its name to Sadot Group Inc Sadot Group Inc was incorporated in 2019 and is headquartered in Fort Worth, Texas.
Further Reading
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