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

by · The Markets Daily

Sadot Group Inc. (NASDAQ:SDOT – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 32,500 shares, a growth of 225.0% from the October 15th total of 10,000 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 40,100 shares, the short-interest ratio is currently 0.8 days.

Sadot Group Trading Down 2.6 %

Shares of NASDAQ SDOT traded down $0.10 during midday trading on Tuesday, reaching $3.71. The company’s stock had a trading volume of 25,635 shares, compared to its average volume of 28,235. Sadot Group has a one year low of $2.24 and a one year high of $7.70. The company has a 50 day moving average price of $3.38 and a 200 day moving average price of $3.70. The company has a market cap of $21.07 million, a price-to-earnings ratio of -2.72 and a beta of 1.06.

Sadot Group (NASDAQ:SDOT – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($0.20) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.20). Sadot Group had a negative net margin of 0.76% and a negative return on equity of 19.05%. The company had revenue of $175.04 million during the quarter, compared to analysts’ expectations of $168.00 million. Research analysts anticipate that Sadot Group will post -0.3 earnings per share for the current fiscal year.

About Sadot Group

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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.

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