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

Sadot Group Inc. (NASDAQ:SDOT) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 68,442 shares, a decrease of 14.2% from the February 12th total of 79,724 shares. Based on an average daily trading volume, of 10,417 shares, the short-interest ratio is presently 6.6 days. Approximately 5.3% of the company’s stock are short sold. Approximately 5.3% of the company’s stock are short sold. Based on an average daily trading volume, of 10,417 shares, the short-interest ratio is presently 6.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated 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 presently has a consensus rating of “Sell”.

Sadot Group Stock Down 1.9%

Shares of SDOT opened at $2.02 on Tuesday. The company has a market capitalization of $2.61 million, a price-to-earnings ratio of -0.13 and a beta of 0.84. Sadot Group has a 52-week low of $1.17 and a 52-week high of $30.69. The stock has a 50 day moving average price of $2.65 and a 200 day moving average price of $4.17.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sadot Group stock. Jane Street Group LLC bought a new stake in Sadot Group Inc. (NASDAQ:SDOT) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned about 0.60% of Sadot Group at the end of the most recent reporting period. Institutional investors and hedge funds own 13.27% of the company’s stock.

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.