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

Safe & Green Holdings Corp. (NASDAQ:SGBX) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 232,800 shares, a growth of 967.9% from the January 31st total of 21,800 shares. Based on an average daily trading volume, of 6,200,000 shares, the short-interest ratio is presently 0.0 days. Currently, 4.4% of the shares of the company are sold short.

Safe & Green Price Performance

NASDAQ:SGBX traded down $0.01 during mid-day trading on Thursday, hitting $0.58. 123,817 shares of the stock traded hands, compared to its average volume of 7,465,859. The business’s 50-day moving average price is $0.67 and its 200 day moving average price is $0.81. Safe & Green has a 12-month low of $0.38 and a 12-month high of $9.80.

Safe & Green (NASDAQ:SGBX) last announced its quarterly earnings data on Tuesday, November 26th. The company reported ($1.78) earnings per share for the quarter.

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.