During the month of December, Save Foods, Inc. (NASDAQ: SVFD) saw a significant increase in short interest. Short interest at 6,100 shares as of December 31, 2021 up from 2,800 shares on December 15, 2021, representing a 117.9% rise. The short-interest ratio is currently 0.2 days, looking at the average transaction volume of 34,400 shares. Short sales account for about 0.3 percent of the company’s stock.
On Tuesday, the stock of Save Foods closed at $4.40. The 50-day moving average price of the stock is $5.47. Save Foods’ 52-week low is $3.67, while its 52-week high is $30.10.
On Monday, November 15, 2021, Save Foods (NASDAQ:SVFD) released its quarterly earnings report. For the quarter, the firm produced ($0.46) earnings per share (EPS). Save Foods had a 103.14 percent negative return on equity and a 734.41 percent negative net margin. During the quarter, the company made $0.07 million in revenue.
Today’s Performance
The SVFD stock soared during today’s trading session. The stock prices were up by a massive 12.78% and traded at $4.59 at the time of writing. The market capitalization stood at $12.6 million. The share volume traded for SVFD stock was 19,417,107, while the average trading volume was just 34,637.
