Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) Short Interest Update
by Kim Johansen · The Markets DailyPlanet Green Holdings Corp. (NYSEAMERICAN:PLAG – Get Free Report) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 45,976 shares, an increase of 28.0% from the November 30th total of 35,907 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 147,285 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 147,285 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the company are short sold.
Planet Green Stock Performance
NYSEAMERICAN PLAG opened at $2.19 on Friday. The stock has a market capitalization of $20.54 million, a price-to-earnings ratio of -5.76 and a beta of 0.74. The stock has a 50-day moving average of $2.12 and a 200 day moving average of $1.79. The company has a current ratio of 0.56, a quick ratio of 0.48 and a debt-to-equity ratio of 0.04. Planet Green has a twelve month low of $0.47 and a twelve month high of $3.28.
Planet Green Company Profile
Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.