Sadot Group Inc. (NASDAQ:SDOT) Sees Significant Drop in Short Interest

Sadot Group Inc. (NASDAQ:SDOT) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 36,100 shares, a decline of 14.0% from the November 30th total of 42,000 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 76,700 shares, the short-interest ratio is currently 0.5 days.

Sadot Group Stock Up 4.7 %

NASDAQ SDOT opened at $3.79 on Wednesday. Sadot Group has a twelve month low of $2.24 and a twelve month high of $7.00. The stock has a market cap of $22.23 million, a P/E ratio of 16.48 and a beta of 1.31. The company’s 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.92.

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.