Sadot Group Inc. (NASDAQ:SDOT – Get Free Report) 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 – Free Report) 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 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.
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