Steakholder Foods Ltd. (NASDAQ:STKH) Sees Large Decline in Short Interest

Steakholder Foods Ltd. (NASDAQ:STKH) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 10,200 shares, a decline of 32.5% from the December 15th total of 15,100 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is currently 0.3 days.

Steakholder Foods Trading Down 2.4 %

Shares of STKH stock traded down $0.04 on Thursday, reaching $1.60. The company’s stock had a trading volume of 18,170 shares, compared to its average volume of 30,517. Steakholder Foods has a 12-month low of $1.43 and a 12-month high of $7.70. The stock’s 50 day simple moving average is $1.96 and its 200-day simple moving average is $2.59.

Steakholder Foods Company Profile

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.