N2OFF, Inc. (NASDAQ:NITO) Sees Significant Decrease in Short Interest

N2OFF, Inc. (NASDAQ:NITO) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 406,600 shares, a decrease of 38.9% from the January 31st total of 665,600 shares. Based on an average daily volume of 20,020,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.8% of the shares of the stock are short sold.

N2OFF Stock Down 10.5 %

Shares of NITO traded down $0.04 during trading hours on Tuesday, hitting $0.33. The stock had a trading volume of 699,887 shares, compared to its average volume of 7,089,671. The company’s fifty day moving average is $0.94 and its two-hundred day moving average is $0.49. N2OFF has a 52 week low of $0.16 and a 52 week high of $3.49.

N2OFF Company Profile

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.