Sadot Group Inc. (NASDAQ:SDOT) Sees Large Increase in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 42,000 shares, an increase of 29.2% from the October 31st total of 32,500 shares. Based on an average daily trading volume, of 47,300 shares, the short-interest ratio is currently 0.9 days. Currently, 1.1% of the shares of the stock are sold short.

Sadot Group Price Performance

SDOT traded up $0.93 on Friday, reaching $5.25. 228,802 shares of the company’s stock were exchanged, compared to its average volume of 32,559. Sadot Group has a twelve month low of $2.24 and a twelve month high of $7.00. The stock has a market cap of $30.14 million, a PE ratio of 22.83 and a beta of 1.06. The stock’s fifty day moving average price is $3.43 and its 200-day moving average price is $3.79.

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.