Sadot Group Inc. (NASDAQ:SDOT) Sees Significant Growth in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 55,200 shares, a growth of 52.9% from the December 15th total of 36,100 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily volume of 81,600 shares, the short-interest ratio is currently 0.7 days.

Sadot Group Stock Up 2.2 %

NASDAQ SDOT traded up $0.08 on Friday, reaching $3.47. The company had a trading volume of 5,194 shares, compared to its average volume of 45,007. Sadot Group has a 52 week low of $2.24 and a 52 week high of $7.00. The stock has a market cap of $20.30 million, a price-to-earnings ratio of 15.07 and a beta of 1.37. The stock’s 50 day moving average is $3.75 and its 200-day moving average is $3.92.

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.