N2OFF, Inc. (NASDAQ:NITO) Short Interest Down 40.9% in March

N2OFF, Inc. (NASDAQ:NITO) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 201,200 shares, a decline of 40.9% from the February 28th total of 340,200 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,150,000 shares, the days-to-cover ratio is currently 0.0 days.

N2OFF Price Performance

Shares of N2OFF stock traded down $0.02 on Friday, hitting $0.25. The company’s stock had a trading volume of 371,238 shares, compared to its average volume of 6,873,902. The firm has a fifty day moving average price of $0.67 and a 200-day moving average price of $0.49. N2OFF has a 52-week low of $0.16 and a 52-week high of $3.49.

N2OFF Company Profile

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.