Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Declines By 38.4%

Sadot Group Inc. (NASDAQ:SDOT) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 29,400 shares, a decrease of 38.4% from the March 15th total of 47,700 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 28,300 shares, the days-to-cover ratio is presently 1.0 days.

Sadot Group Price Performance

NASDAQ SDOT traded up $0.14 during trading hours on Friday, reaching $1.88. The company’s stock had a trading volume of 22,604 shares, compared to its average volume of 39,621. Sadot Group has a 52 week low of $1.71 and a 52 week high of $7.00. The stock has a market cap of $11.03 million, a P/E ratio of 8.17 and a beta of 0.95. The firm has a fifty day simple moving average of $2.78 and a 200-day simple moving average of $3.21.

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.