Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Rises By 29.2%

Sadot Group Inc. (NASDAQ:SDOT) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 42,000 shares, a growth of 29.2% from the October 31st total of 32,500 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily volume of 47,300 shares, the days-to-cover ratio is currently 0.9 days.

Sadot Group Trading Up 21.5 %

SDOT stock traded up $0.93 during trading on Friday, reaching $5.25. 228,802 shares of the stock were exchanged, compared to its average volume of 78,019. The business has a 50 day moving average price of $3.43 and a 200-day moving average price of $3.79. Sadot Group has a 1 year low of $2.24 and a 1 year high of $7.00. The firm has a market capitalization of $30.14 million, a price-to-earnings ratio of 22.83 and a beta of 1.06.

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.