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

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

Safe & Green Stock Down 2.2 %

Shares of NASDAQ SGBX opened at $0.58 on Friday. Safe & Green has a 1-year low of $0.38 and a 1-year high of $9.80. The business’s fifty day moving average price is $0.67 and its two-hundred day moving average price is $0.81.

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

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.