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

Safe & Green Holdings Corp. (NASDAQ:SGBX) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 42,200 shares, a decline of 23.8% from the August 15th total of 55,400 shares. Approximately 3.3% of the company’s stock are short sold. Based on an average daily volume of 65,100 shares, the short-interest ratio is presently 0.6 days.

Safe & Green Trading Up 2.5 %

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

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

Safe & Green Company Profile

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.