SaverOne 2014 Ltd. (NASDAQ:SVRE) Short Interest Down 19.9% in June

SaverOne 2014 Ltd. (NASDAQ:SVRE) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 99,000 shares, a decline of 19.9% from the May 31st total of 123,600 shares. Based on an average daily volume of 93,100 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On SaverOne 2014

An institutional investor recently bought a new position in SaverOne 2014 stock. Kathmere Capital Management LLC acquired a new stake in shares of SaverOne 2014 Ltd. (NASDAQ:SVRE) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,575,019 shares of the company’s stock, valued at approximately $11,319,000. SaverOne 2014 accounts for about 1.3% of Kathmere Capital Management LLC’s investment portfolio, making the stock its 25th biggest holding. Kathmere Capital Management LLC owned approximately 535.94% of SaverOne 2014 at the end of the most recent reporting period. 4.92% of the stock is owned by institutional investors and hedge funds.

SaverOne 2014 Stock Performance

SVRE stock opened at $0.40 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.33 and a debt-to-equity ratio of 0.09. SaverOne 2014 has a 1-year low of $0.26 and a 1-year high of $1.50. The firm has a fifty day moving average price of $0.57 and a two-hundred day moving average price of $0.83.

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.