Sadot Group Inc. (NASDAQ:SDOT) Short Interest Update

Sadot Group Inc. (NASDAQ:SDOT) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 146,000 shares, a drop of 52.3% from the August 15th total of 306,400 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 328,100 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sadot Group stock. Gladstone Institutional Advisory LLC purchased a new stake in Sadot Group Inc. (NASDAQ:SDOT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 145,000 shares of the company’s stock, valued at approximately $58,000. Gladstone Institutional Advisory LLC owned about 0.31% of Sadot Group as of its most recent SEC filing. Hedge funds and other institutional investors own 13.27% of the company’s stock.

Sadot Group Trading Down 3.7 %

NASDAQ SDOT traded down $0.01 on Friday, hitting $0.36. 50,047 shares of the company were exchanged, compared to its average volume of 237,140. Sadot Group has a 1-year low of $0.22 and a 1-year high of $1.12. The firm has a 50 day moving average of $0.45 and a two-hundred day moving average of $0.37. The company has a market cap of $20.48 million, a P/E ratio of -2.00 and a beta of 1.01.

Sadot Group (NASDAQ:SDOT) last announced its earnings results on Tuesday, August 13th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). Sadot Group had a negative net margin of 0.76% and a negative return on equity of 19.05%. The company had revenue of $175.04 million during the quarter, compared to the consensus estimate of $168.00 million. Research analysts anticipate that Sadot Group will post 0.04 EPS for the current fiscal year.

Sadot Group Company Profile

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.