Safe & Green Holdings Corp. (NASDAQ:SGBX) Sees Significant Drop in Short Interest

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 585,900 shares, a drop of 46.2% from the March 15th total of 1,090,000 shares. Based on an average daily trading volume, of 4,800,000 shares, the short-interest ratio is currently 0.1 days. Approximately 10.0% of the shares of the company are short sold.

Safe & Green Stock Down 5.9 %

NASDAQ SGBX opened at $0.35 on Thursday. The company has a fifty day moving average of $0.52 and a 200-day moving average of $0.66. Safe & Green has a 52-week low of $0.30 and a 52-week high of $9.30.

Safe & Green Company Profile

Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects.