Sadot Group Inc. (NASDAQ:SDOT) Sees Large Decline in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 37,900 shares, a drop of 20.0% from the January 15th total of 47,400 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 69,600 shares, the short-interest ratio is currently 0.5 days.

Sadot Group Stock Up 3.6 %

SDOT traded up $0.10 on Friday, hitting $2.89. The company’s stock had a trading volume of 11,781 shares, compared to its average volume of 35,184. The company’s 50 day simple moving average is $3.37 and its 200-day simple moving average is $3.62. The firm has a market cap of $16.94 million, a P/E ratio of 12.57 and a beta of 1.35. Sadot Group has a 12 month low of $2.24 and a 12 month high of $7.00.

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.