Short Interest in SaverOne 2014 Ltd (NASDAQ:SVRE) Declines By 40.1%

SaverOne 2014 Ltd (NASDAQ:SVRE) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 98,100 shares, a decrease of 40.1% from the March 31st total of 163,800 shares. Based on an average trading volume of 124,400 shares, the days-to-cover ratio is currently 0.8 days.

SaverOne 2014 Price Performance

SVRE stock traded down $0.01 during trading on Friday, reaching $0.66. The stock had a trading volume of 12,579 shares, compared to its average volume of 56,808. SaverOne 2014 has a 52 week low of $0.26 and a 52 week high of $2.60. The stock’s 50 day moving average is $1.09 and its two-hundred day moving average is $0.78. The company has a quick ratio of 1.33, a current ratio of 1.64 and a debt-to-equity ratio of 0.09.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SaverOne 2014 stock. Kathmere Capital Management LLC acquired a new position in SaverOne 2014 Ltd (NASDAQ:SVRE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 accounts for approximately 1.3% of Kathmere Capital Management LLC’s holdings, making the stock its 25th biggest holding. Kathmere Capital Management LLC owned about 535.94% of SaverOne 2014 as of its most recent filing with the Securities & Exchange Commission. 4.92% of the stock is owned by institutional investors and hedge funds.

SaverOne 2014 Company Profile

SaverOne 2014 Ltd, a technology company, engages in the design, development, and commercialization of transportation and safety solutions to save lives by preventing car accidents. The company is developing SaverOne Driver Distraction Prevention Solution system, an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications; and solutions for detection of vulnerable road users.