Safe & Green Holdings Corp. (NASDAQ:SGBX) Short Interest Up 934.2% in March

Safe & Green Holdings Corp. (NASDAQ:SGBX) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,090,000 shares, a growth of 934.2% from the February 28th total of 105,400 shares. Based on an average trading volume of 4,920,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 19.7% of the company’s shares are sold short.

Safe & Green Stock Performance

Shares of Safe & Green stock traded down $0.05 on Wednesday, hitting $0.47. 175,601 shares of the company traded hands, compared to its average volume of 2,594,416. The stock’s 50 day moving average price is $0.68 and its 200-day moving average price is $0.73. Safe & Green has a 52 week low of $0.38 and a 52 week high of $9.30.

About Safe & Green

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.