Short Interest in N2OFF, Inc. (NASDAQ:NITO) Rises By 619.5%

N2OFF, Inc. (NASDAQ:NITO) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 985,700 shares, an increase of 619.5% from the December 31st total of 137,000 shares. Approximately 6.4% of the shares of the company are short sold. Based on an average daily trading volume, of 19,400,000 shares, the short-interest ratio is currently 0.1 days.

N2OFF Stock Up 1.9 %

NITO traded up $0.02 during trading hours on Tuesday, hitting $1.09. The company’s stock had a trading volume of 1,839,633 shares, compared to its average volume of 72,554,414. N2OFF has a fifty-two week low of $0.16 and a fifty-two week high of $3.49. The company has a 50-day simple moving average of $0.60 and a 200 day simple moving average of $0.42.

About N2OFF

N2OFF, Inc, an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.