SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Short Interest Update

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 34,476 shares, an increase of 454.6% from the June 30th total of 6,216 shares. Based on an average trading volume of 154,742 shares, the short-interest ratio is currently 0.2 days. Currently, 13.3% of the company’s shares are short sold.

Insider Transactions at SaverOne 2014

In other news, Director Visionwave Holdings, Inc. bought 5,529,600 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average cost of $4.00 per share, for a total transaction of $22,118,400.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SaverOne 2014 currently has an average rating of “Reduce”.

SaverOne 2014 Stock Down 4.0%

SVRE stock traded down $0.15 during midday trading on Friday, hitting $3.56. The company’s stock had a trading volume of 35,537 shares, compared to its average volume of 1,501,389. The firm has a 50-day simple moving average of $3.55 and a 200-day simple moving average of $3.81. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.88 and a current ratio of 2.34. SaverOne 2014 has a 52-week low of $2.02 and a 52-week high of $31.08.

SaverOne 2014 Company Profile

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. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.