Short Interest in SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) Rises By 81.0%

SaverOne 2014 Ltd. Sponsored ADR (NASDAQ:SVRE) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 6,216 shares, an increase of 81.0% from the June 15th total of 3,434 shares. Based on an average daily volume of 2,631,336 shares, the short-interest ratio is presently 0.0 days. Approximately 2.4% of the shares of the stock are short sold.

SaverOne 2014 Stock Performance

Shares of SVRE stock opened at $3.14 on Friday. The company’s fifty day simple moving average is $3.77 and its two-hundred day simple moving average is $3.88. SaverOne 2014 has a 52 week low of $2.02 and a 52 week high of $37.44. The company has a current ratio of 2.34, a quick ratio of 1.88 and a debt-to-equity ratio of 0.02.

Insiders Place Their Bets

In other SaverOne 2014 news, Director Visionwave Holdings, Inc. purchased 5,529,600 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average cost of $4.00 per share, for a total transaction of $22,118,400.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of SaverOne 2014 from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

SaverOne 2014 Company Profile

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. The company was incorporated in 2014 and is headquartered in Petah Tikva, Israel.