SaverOne 2014 Ltd. (NASDAQ:SVRE) Sees Large Decline in Short Interest

SaverOne 2014 Ltd. (NASDAQ:SVRE) saw a significant drop in short interest in June. As of June 15th, there was short interest totalling 99,000 shares, a drop of 19.9% from the May 31st total of 123,600 shares. Based on an average daily trading volume, of 93,100 shares, the short-interest ratio is currently 1.1 days.

SaverOne 2014 Stock Performance

NASDAQ:SVRE opened at $0.40 on Monday. SaverOne 2014 has a 1 year low of $0.26 and a 1 year high of $1.50. The firm has a 50 day moving average of $0.57 and a 200-day moving average of $0.83. The company has a current ratio of 1.64, a quick ratio of 1.33 and a debt-to-equity ratio of 0.09.

Hedge Funds Weigh In On SaverOne 2014

An institutional investor recently bought a new position in SaverOne 2014 stock. Kathmere Capital Management LLC bought a new stake in SaverOne 2014 Ltd. (NASDAQ:SVRE) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 makes up approximately 1.3% of Kathmere Capital Management LLC’s holdings, making the stock its 25th biggest holding. Kathmere Capital Management LLC owned approximately 535.94% of SaverOne 2014 at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.92% of the company’s stock.

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.