Short Interest in N2OFF, Inc. (NASDAQ:NITO) Decreases By 38.9%

N2OFF, Inc. (NASDAQ:NITO) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 406,600 shares, a drop of 38.9% from the January 31st total of 665,600 shares. Approximately 3.8% of the company’s shares are short sold. Based on an average daily volume of 20,020,000 shares, the days-to-cover ratio is currently 0.0 days.

N2OFF Stock Up 7.6 %

N2OFF stock traded up $0.03 during midday trading on Friday, hitting $0.43. 365,019 shares of the stock were exchanged, compared to its average volume of 32,205,938. The company has a fifty day simple moving average of $0.93 and a two-hundred day simple moving average of $0.49. N2OFF has a 52 week low of $0.16 and a 52 week high of $3.49.

About N2OFF

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.