Sadot Group Inc. (NASDAQ:SDOT) Short Interest Up 155.2% in December

Sadot Group Inc. (NASDAQ:SDOT) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 79,582 shares, a growth of 155.2% from the December 15th total of 31,180 shares. Based on an average daily trading volume, of 235,979 shares, the short-interest ratio is presently 0.3 days. Currently, 6.6% of the company’s stock are sold short. Currently, 6.6% of the company’s stock are sold short. Based on an average daily trading volume, of 235,979 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sadot Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Sadot Group currently has a consensus rating of “Sell”.

Institutional Trading of Sadot Group

A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new position in shares of Sadot Group Inc. (NASDAQ:SDOT) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned 0.60% of Sadot Group as of its most recent SEC filing. Institutional investors and hedge funds own 13.27% of the company’s stock.

Sadot Group Stock Down 2.3%

Shares of NASDAQ SDOT opened at $2.77 on Friday. The stock has a market capitalization of $3.57 million, a price-to-earnings ratio of -0.18 and a beta of 0.72. Sadot Group has a 52 week low of $1.17 and a 52 week high of $35.80. The firm has a 50-day simple moving average of $2.82 and a 200-day simple moving average of $6.76.

Sadot Group (NASDAQ:SDOT) last issued its quarterly earnings data on Wednesday, November 19th. The company reported ($17.38) EPS for the quarter, missing the consensus estimate of $2.10 by ($19.48). The company had revenue of $0.29 million during the quarter, compared to analyst estimates of $180.40 million. Sadot Group had a negative return on equity of 41.55% and a negative net margin of 2.81%. As a group, equities research analysts expect that Sadot Group will post -0.71 EPS for the current year.

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.