SaverOne 2014 Ltd. (NASDAQ:SVRE) Sees Significant Decrease in Short Interest

SaverOne 2014 Ltd. (NASDAQ:SVRE) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 153,000 shares, a decrease of 76.4% from the August 31st total of 648,100 shares. Based on an average trading volume of 959,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SaverOne 2014 stock. Kathmere Capital Management LLC bought a new stake in SaverOne 2014 Ltd. (NASDAQ:SVRE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 comprises about 1.3% of Kathmere Capital Management LLC’s holdings, making the stock its 25th biggest position. Kathmere Capital Management LLC owned 535.94% of SaverOne 2014 at the end of the most recent quarter. 4.92% of the stock is owned by institutional investors.

SaverOne 2014 Trading Down 6.3 %

SVRE stock traded down $0.01 during midday trading on Friday, hitting $0.13. 5,419,623 shares of the company traded hands, compared to its average volume of 796,939. SaverOne 2014 has a twelve month low of $0.12 and a twelve month high of $1.50. The company has a current ratio of 1.81, a quick ratio of 1.28 and a debt-to-equity ratio of 0.08. The business has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.54.

About SaverOne 2014

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.