Sadot Group Inc. (NASDAQ:SDOT) Short Interest Update

Sadot Group Inc. (NASDAQ:SDOT) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 121,776 shares, an increase of 53.0% from the December 31st total of 79,582 shares. Based on an average daily trading volume, of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days. Currently, 10.1% of the shares of the company are short sold. Currently, 10.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,984,428 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Sadot Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Sadot Group Stock Performance

NASDAQ:SDOT opened at $3.13 on Friday. Sadot Group has a 1 year low of $1.17 and a 1 year high of $35.60. The stock has a fifty day moving average price of $2.61 and a two-hundred day moving average price of $5.98. The stock has a market capitalization of $4.04 million, a price-to-earnings ratio of -0.21 and a beta of 0.72.

Sadot Group (NASDAQ:SDOT) last issued its earnings results on Wednesday, November 19th. The company reported ($17.38) EPS for the quarter, missing the consensus estimate of $2.10 by ($19.48). Sadot Group had a negative return on equity of 41.55% and a negative net margin of 2.81%.The company had revenue of $0.29 million for the quarter, compared to analysts’ expectations of $180.40 million. On average, analysts predict that Sadot Group will post -0.71 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC purchased a new stake in shares of Sadot Group Inc. (NASDAQ:SDOT) in the second quarter, according to its most recent filing with the SEC. The firm purchased 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned 0.60% of Sadot Group at the end of the most recent quarter. 13.27% of the stock is owned by institutional investors and hedge funds.

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. The company is also involved in the food service operations across the United States. The company was formerly known as Muscle Maker Inc and changed its name to Sadot Group Inc Sadot Group Inc was incorporated in 2019 and is headquartered in Fort Worth, Texas.