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

Sadot Group Inc. (NASDAQ:SDOT) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 64,145 shares, a decrease of 35.8% from the June 30th total of 99,947 shares. Based on an average daily volume of 2,371,053 shares, the short-interest ratio is presently 0.0 days. Currently, 9.6% of the company’s stock are short sold.

Sadot Group Trading Down 1.6%

Shares of NASDAQ:SDOT opened at $14.04 on Friday. The stock has a market capitalization of $9.41 million, a PE ratio of -0.05 and a beta of -1.58. Sadot Group has a 1 year low of $2.63 and a 1 year high of $260.40. The firm has a fifty day moving average price of $19.02 and a 200 day moving average price of $31.97.

Sadot Group (NASDAQ:SDOT) last posted its earnings results on Friday, May 15th. The company reported ($2.67) EPS for the quarter, missing the consensus estimate of $74.00 by ($76.67). Sadot Group had a negative return on equity of 963.54% and a negative net margin of 37.82%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen downgraded Sadot Group to a “strong sell” rating in a research note on Saturday, June 20th. Weiss Ratings cut Sadot Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sadot Group stock. Jane Street Group LLC acquired a new stake in Sadot Group Inc. (NASDAQ:SDOT) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 currently owned by institutional investors and hedge funds.

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.