SaverOne 2014 Ltd. (NASDAQ:SVRE) Sees Significant Increase in Short Interest

SaverOne 2014 Ltd. (NASDAQ:SVRE) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 174,900 shares, an increase of 29.0% from the October 31st total of 135,600 shares. Based on an average daily trading volume, of 246,400 shares, the days-to-cover ratio is currently 0.7 days.

SaverOne 2014 Price Performance

SVRE stock traded down $0.05 during trading on Friday, hitting $1.07. The company had a trading volume of 47,983 shares, compared to its average volume of 76,531. The company has a fifty day moving average price of $1.85 and a two-hundred day moving average price of $4.87. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.81 and a quick ratio of 1.28. SaverOne 2014 has a fifty-two week low of $1.00 and a fifty-two week high of $27.00.

Institutional Trading of SaverOne 2014

A hedge fund recently raised its stake in SaverOne 2014 stock. Kathmere Capital Management LLC boosted its stake in SaverOne 2014 Ltd. (NASDAQ:SVRE) by 10.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,466,081 shares of the company’s stock after buying an additional 891,062 shares during the quarter. Kathmere Capital Management LLC owned approximately 591.63% of SaverOne 2014 worth $3,786,000 at the end of the most recent quarter. Institutional investors own 4.92% of the company’s stock.

About SaverOne 2014

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.