Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH) Short Interest Update

Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 13,748 shares, an increase of 108.7% from the January 15th total of 6,587 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 249,717 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 249,717 shares, the short-interest ratio is currently 0.1 days. Approximately 1.0% of the shares of the company are short sold.

Steakholder Foods Trading Down 13.4%

Shares of Steakholder Foods stock opened at $1.36 on Friday. The firm has a market capitalization of $1.85 million, a PE ratio of 0.00 and a beta of 1.41. Steakholder Foods has a 12 month low of $1.36 and a 12 month high of $67.20. The business’s 50-day moving average price is $2.39 and its 200-day moving average price is $3.77.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Steakholder Foods in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Steakholder Foods currently has a consensus rating of “Sell”.

Institutional Trading of Steakholder Foods

An institutional investor recently bought a new position in Steakholder Foods stock. Hudson Bay Capital Management LP acquired a new stake in shares of Steakholder Foods Ltd. Sponsored ADR (NASDAQ:STKH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,058 shares of the company’s stock, valued at approximately $66,000. Hudson Bay Capital Management LP owned 1.03% of Steakholder Foods as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 4.51% of the company’s stock.

About Steakholder Foods

Steakholder Foods, trading on NASDAQ under the symbol STKH, is a developer of cultivated meat and fat products based on cellular agriculture and 3D bioprinting technologies. The company focuses on producing structured, whole-cut meat and fat components by cultivating animal cells in controlled bioreactors, offering an alternative to conventionally farmed meat with the goal of reducing environmental impact and improving food safety.

Originally founded as MeaTech 3D in Israel, the company rebranded to Steakholder Foods in early 2022 and completed its public listing on NASDAQ through a merger with a special purpose acquisition company.