Short Interest in Sadot Group Inc. (NASDAQ:SDOT) Increases By 225.0%

Sadot Group Inc. (NASDAQ:SDOT) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 32,500 shares, an increase of 225.0% from the October 15th total of 10,000 shares. Based on an average trading volume of 40,100 shares, the short-interest ratio is currently 0.8 days. Approximately 0.8% of the company’s stock are sold short.

Sadot Group Stock Down 2.6 %

Sadot Group stock traded down $0.10 during midday trading on Tuesday, reaching $3.71. The stock had a trading volume of 25,635 shares, compared to its average volume of 28,235. The firm has a market capitalization of $21.07 million, a PE ratio of -2.72 and a beta of 1.06. Sadot Group has a 12 month low of $2.24 and a 12 month high of $7.70. The firm’s 50-day moving average price is $3.38 and its 200 day moving average price is $3.70.

Sadot Group (NASDAQ:SDOT) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.20) EPS for the quarter, meeting the consensus estimate of ($0.20). The company had revenue of $175.04 million for the quarter, compared to analysts’ expectations of $168.00 million. Sadot Group had a negative return on equity of 19.05% and a negative net margin of 0.76%. Equities research analysts expect that Sadot Group will post -0.3 EPS for the current year.

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.