Save Foods, Inc. (NASDAQ:SVFD) Short Interest Update

Save Foods, Inc. (NASDAQ:SVFD) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 500 shares, a drop of 93.1% from the September 15th total of 7,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,000 shares, the short-interest ratio is currently 0.1 days.

Several institutional investors and hedge funds have recently made changes to their positions in SVFD. Psagot Investment House Ltd. bought a new stake in shares of Save Foods during the 2nd quarter valued at about $996,000. Noked Capital LTD bought a new stake in shares of Save Foods during the 2nd quarter valued at about $598,000. Finally, Kepos Capital LP bought a new stake in shares of Save Foods during the 2nd quarter valued at about $792,000. 13.75% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Save Foods stock opened at $6.31 on Thursday. Save Foods has a 12-month low of $1.75 and a 12-month high of $30.10. The stock has a fifty day moving average price of $7.84.

Save Foods (NASDAQ:SVFD) last announced its quarterly earnings results on Monday, August 16th. The company reported ($1.05) earnings per share (EPS) for the quarter. The business had revenue of $0.18 million for the quarter.

Save Foods Company Profile

Save Foods, Inc engages in the research and development of green solutions for extending storability and shelf life of vegetables and fruits. The company was founded by Nimrod Ben-Yehuda on April 1, 2009 and is headquartered in Haifa, Israel.

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