Steakholder Foods Ltd. (NASDAQ:STKH) Short Interest Down 32.5% in December

Steakholder Foods Ltd. (NASDAQ:STKH) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 10,200 shares, a decrease of 32.5% from the December 15th total of 15,100 shares. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is presently 0.3 days.

Steakholder Foods Stock Performance

Shares of NASDAQ STKH traded up $0.03 during midday trading on Friday, hitting $1.63. The stock had a trading volume of 1,842 shares, compared to its average volume of 27,900. The stock has a 50 day simple moving average of $1.94 and a 200-day simple moving average of $2.58. Steakholder Foods has a 1 year low of $1.43 and a 1 year high of $7.70.

Steakholder Foods Company Profile

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.