Short Interest in Steakholder Foods Ltd. (NASDAQ:STKH) Drops By 31.8%

Steakholder Foods Ltd. (NASDAQ:STKH) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 15,200 shares, a decline of 31.8% from the February 13th total of 22,300 shares. Based on an average daily volume of 34,200 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.6% of the shares of the company are sold short.

Steakholder Foods Trading Up 6.4 %

Shares of NASDAQ:STKH opened at $1.17 on Monday. The stock has a 50 day moving average of $1.51 and a 200 day moving average of $2.11. Steakholder Foods has a 12-month low of $1.10 and a 12-month high of $6.50.

About Steakholder Foods

Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.