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

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

Safe & Green Stock Performance

Shares of NASDAQ SGBX traded up $0.01 during mid-day trading on Thursday, reaching $0.72. 402,777 shares of the company were exchanged, compared to its average volume of 9,692,420. Safe & Green has a 52 week low of $0.38 and a 52 week high of $9.80. The company’s 50 day moving average price is $0.63 and its 200 day moving average price is $0.87.

Safe & Green (NASDAQ:SGBX) last issued its quarterly 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.