Sadot Group Inc. (NASDAQ:SDOT) Short Interest Up 225.0% in October

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. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 40,100 shares, the short-interest ratio is currently 0.8 days.

Sadot Group Stock Down 4.7 %

Shares of SDOT traded down $0.18 during mid-day trading on Wednesday, reaching $3.61. 74,522 shares of the company’s stock were exchanged, compared to its average volume of 28,577. The company has a 50-day simple moving average of $3.39 and a two-hundred day simple moving average of $3.71. Sadot Group has a 52-week low of $2.24 and a 52-week high of $7.50. The company has a market cap of $20.72 million, a price-to-earnings ratio of 15.78 and a beta of 1.06.

Sadot Group (NASDAQ:SDOT) last released its earnings results on Tuesday, August 13th. The company reported ($0.20) EPS for the quarter, hitting the consensus estimate of ($0.20). Sadot Group had a net margin of 0.23% and a negative return on equity of 22.52%. The firm had revenue of $175.04 million during the quarter, compared to analysts’ expectations of $168.00 million. As a group, equities research analysts predict that Sadot Group will post -0.3 EPS for the current fiscal year.

Sadot Group Company Profile

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.