Steakholder Foods Ltd. (NASDAQ:STKH) Sees Large Decrease in Short Interest

Steakholder Foods Ltd. (NASDAQ:STKH) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 15,700 shares, a decrease of 20.7% from the August 31st total of 19,800 shares. Based on an average trading volume of 13,400 shares, the days-to-cover ratio is presently 1.2 days.

Steakholder Foods Stock Performance

STKH traded up $0.03 during midday trading on Friday, reaching $2.56. The company had a trading volume of 2,514 shares, compared to its average volume of 12,195. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.00 and a current ratio of 2.90. The business has a 50-day moving average of $2.77 and a two-hundred day moving average of $3.85. Steakholder Foods has a 1 year low of $2.36 and a 1 year high of $9.20.

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.