Sadot Group Inc. (NASDAQ:SDOT) Short Interest Update

Sadot Group Inc. (NASDAQ:SDOT) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 121,776 shares, an increase of 53.0% from the December 31st total of 79,582 shares. Approximately 10.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days. Approximately 10.1% of the shares of the stock are short sold.

Sadot Group Stock Performance

Shares of SDOT stock traded up $0.02 on Monday, hitting $3.15. 14,948 shares of the stock traded hands, compared to its average volume of 979,353. Sadot Group has a twelve month low of $1.17 and a twelve month high of $35.60. The stock has a market capitalization of $4.07 million, a PE ratio of -0.21 and a beta of 0.79. The firm’s 50-day moving average price is $2.61 and its two-hundred day moving average price is $5.88.

Sadot Group (NASDAQ:SDOT) last released its quarterly earnings results on Wednesday, November 19th. The company reported ($17.38) EPS for the quarter, missing the consensus estimate of $2.10 by ($19.48). The firm had revenue of $0.29 million for the quarter, compared to analysts’ expectations of $180.40 million. Sadot Group had a negative net margin of 2.81% and a negative return on equity of 41.55%. On average, equities research analysts anticipate that Sadot Group will post -0.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Sadot Group

An institutional investor recently bought a new position in Sadot Group stock. Jane Street Group LLC acquired a new position in Sadot Group Inc. (NASDAQ:SDOT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned about 0.60% of Sadot Group as of its most recent filing with the Securities and Exchange Commission. 13.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

About Sadot Group

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.