Short Interest in Steakholder Foods Ltd. (NASDAQ:STKH) Increases By 23.4%

Steakholder Foods Ltd. (NASDAQ:STKH) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 19,000 shares, a growth of 23.4% from the September 30th total of 15,400 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 1.1 days.

Steakholder Foods Price Performance

Shares of Steakholder Foods stock traded down $0.05 during trading on Tuesday, hitting $2.87. 10,239 shares of the stock were exchanged, compared to its average volume of 13,145. The firm’s 50-day moving average price is $2.81 and its 200 day moving average price is $3.40. Steakholder Foods has a 12-month low of $2.36 and a 12-month high of $7.70.

Steakholder Foods Company Profile

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.