Safe & Green Holdings Corp. (NASDAQ:SGBX) Short Interest Up 627.0% in December

by · The Cerbat Gem

Safe & Green Holdings Corp. (NASDAQ:SGBX – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 293,000 shares, an increase of 627.0% from the November 30th total of 40,300 shares. Currently, 7.5% of the shares of the company are sold short. Based on an average trading volume of 3,000,000 shares, the short-interest ratio is currently 0.1 days.

Safe & Green Trading Up 11.2 %

NASDAQ SGBX traded up $0.05 during trading hours on Thursday, reaching $0.49. 229,383 shares of the company’s stock traded hands, compared to its average volume of 1,337,737. Safe & Green has a 52-week low of $0.38 and a 52-week high of $10.40. The firm has a 50-day simple moving average of $0.69 and a 200 day simple moving average of $1.34.

Safe & Green Company Profile

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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. It redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into Safe & Green, which are green building blocks for construction.

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