Short Interest in N2OFF, Inc. (NASDAQ:NITO) Drops By 16.3%

N2OFF, Inc. (NASDAQ:NITO) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 340,200 shares, a drop of 16.3% from the February 13th total of 406,600 shares. Based on an average daily volume of 20,140,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.4% of the shares of the company are sold short.

N2OFF Trading Down 6.8 %

N2OFF stock traded down $0.02 on Tuesday, hitting $0.31. The company’s stock had a trading volume of 637,339 shares, compared to its average volume of 6,859,083. The company has a fifty day moving average price of $0.85 and a 200-day moving average price of $0.49. N2OFF has a one year low of $0.16 and a one year 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.