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

Safe & Green Holdings Corp. (NASDAQ:SGBX) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 21,800 shares, a decrease of 93.5% from the January 15th total of 336,400 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 6,860,000 shares, the days-to-cover ratio is presently 0.0 days.

Safe & Green Stock Performance

Shares of SGBX stock traded up $0.02 during trading on Wednesday, hitting $0.71. 340,503 shares of the company were exchanged, compared to its average volume of 10,024,140. The business’s 50-day simple moving average is $0.63 and its 200 day simple moving average is $0.88. Safe & Green has a twelve month low of $0.38 and a twelve month high of $9.80.

Safe & Green (NASDAQ:SGBX) last issued its earnings results on Tuesday, November 26th. The company reported ($1.78) earnings per share (EPS) 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.