Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Declines By 14.0%

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

Sadot Group Stock Performance

SDOT stock opened at $3.46 on Monday. The firm has a market capitalization of $20.29 million, a price-to-earnings ratio of 15.04 and a beta of 1.31. Sadot Group has a 52-week low of $2.24 and a 52-week high of $7.00. The firm has a 50 day moving average price of $3.55 and a 200-day moving average price of $3.91.

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.