Safe & Green Holdings Corp. (NASDAQ:SGBX) Short Interest Update

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 42,200 shares, a drop of 23.8% from the August 15th total of 55,400 shares. Currently, 3.3% of the shares of the stock are sold short. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is currently 0.6 days.

Safe & Green Trading Up 2.5 %

NASDAQ:SGBX opened at $1.03 on Monday. The stock has a fifty day simple moving average of $1.55 and a 200 day simple moving average of $3.01. Safe & Green has a 1-year low of $0.86 and a 1-year high of $43.60.

Safe & Green (NASDAQ:SGBX) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($2.73) earnings per share (EPS) for the quarter. The business had revenue of $1.25 million during the quarter. Safe & Green had a negative return on equity of 4,127.08% and a negative net margin of 322.32%.

About Safe & Green

Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction.