Sadot Group Inc. (NASDAQ:SDOT) Short Interest Down 14.0% in December

Sadot Group Inc. (NASDAQ:SDOT) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 36,100 shares, a drop of 14.0% from the November 30th total of 42,000 shares. Based on an average daily trading volume, of 76,700 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the shares of the stock are sold short.

Sadot Group Price Performance

NASDAQ:SDOT opened at $3.46 on Monday. The company has a market cap of $20.29 million, a price-to-earnings ratio of 15.04 and a beta of 1.31. Sadot Group has a 1 year low of $2.24 and a 1 year high of $7.00. The stock’s 50 day simple moving average is $3.55 and its two-hundred day simple moving average is $3.91.

About Sadot Group

Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa.