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

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

Safe & Green Stock Down 8.8 %

Safe & Green stock opened at $0.47 on Thursday. The company has a 50 day moving average price of $0.67 and a 200 day moving average price of $0.73. Safe & Green has a 52 week low of $0.38 and a 52 week high of $9.30.

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.