Short Interest in Steakholder Foods Ltd. (NASDAQ:STKH) Expands By 43.8%

Steakholder Foods Ltd. (NASDAQ:STKH) was the target of a large growth in short interest in August. As of August 15th, there was short interest totalling 17,400 shares, a growth of 43.8% from the July 31st total of 12,100 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is currently 1.5 days.

Steakholder Foods Stock Up 1.5 %

STKH stock traded up $0.04 during midday trading on Friday, hitting $2.71. The company’s stock had a trading volume of 19,182 shares, compared to its average volume of 12,412. Steakholder Foods has a 12 month low of $2.55 and a 12 month high of $11.40. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.00 and a current ratio of 2.00. The firm’s 50-day moving average is $3.10 and its 200-day moving average is $4.35.

About Steakholder Foods

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.