SaverOne 2014 Ltd (NASDAQ:SVRE) Short Interest Down 40.1% in April

SaverOne 2014 Ltd (NASDAQ:SVRE) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 98,100 shares, a drop of 40.1% from the March 31st total of 163,800 shares. Based on an average daily volume of 124,400 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SaverOne 2014 stock. Kathmere Capital Management LLC bought a new position in shares of SaverOne 2014 Ltd (NASDAQ:SVRE) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 comprises approximately 1.3% of Kathmere Capital Management LLC’s investment portfolio, making the stock its 25th largest holding. Kathmere Capital Management LLC owned 535.94% of SaverOne 2014 at the end of the most recent quarter. Hedge funds and other institutional investors own 4.92% of the company’s stock.

SaverOne 2014 Price Performance

NASDAQ:SVRE traded down $0.01 during trading hours on Friday, hitting $0.66. 12,579 shares of the company were exchanged, compared to its average volume of 56,808. The company has a quick ratio of 1.33, a current ratio of 1.64 and a debt-to-equity ratio of 0.09. SaverOne 2014 has a one year low of $0.26 and a one year high of $2.60. The company has a fifty day simple moving average of $1.09 and a 200 day simple moving average of $0.79.

About SaverOne 2014

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.