Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Decreases By 26.0%

Sadot Group Inc. (NASDAQ:SDOT) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 90,129 shares, a decline of 26.0% from the January 15th total of 121,776 shares. Approximately 7.4% of the shares of the company are sold short. Based on an average trading volume of 60,438 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 60,438 shares, the short-interest ratio is currently 1.5 days. Approximately 7.4% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sadot Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Sadot Group presently has an average rating of “Sell”.

Sadot Group Price Performance

Shares of NASDAQ:SDOT opened at $2.60 on Friday. Sadot Group has a 12 month low of $1.17 and a 12 month high of $35.60. The stock has a market cap of $3.35 million, a price-to-earnings ratio of -0.17 and a beta of 0.80. The stock’s 50 day moving average price is $2.58 and its 200 day moving average price is $5.24.

Sadot Group (NASDAQ:SDOT) last issued its quarterly earnings results on Wednesday, November 19th. The company reported ($17.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.10 by ($19.48). Sadot Group had a negative net margin of 2.81% and a negative return on equity of 41.55%. The firm had revenue of $0.29 million for the quarter, compared to the consensus estimate of $180.40 million. On average, sell-side analysts expect that Sadot Group will post -0.71 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new position in Sadot Group Inc. (NASDAQ:SDOT) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group at the end of the most recent quarter. 13.27% of the stock is owned by institutional investors and hedge funds.

Sadot Group Company Profile

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.