Safe & Green Holdings Corp. (NASDAQ:SGBX) Short Interest Down 25.7% in July

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 28,000 shares, a drop of 25.7% from the June 30th total of 37,700 shares. Based on an average daily trading volume, of 2,030,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.9% of the shares of the stock are sold short.

Safe & Green Trading Up 5.3 %

Safe & Green stock traded up $0.12 during midday trading on Friday, reaching $2.40. 200,281 shares of the company were exchanged, compared to its average volume of 44,524. The firm’s 50-day simple moving average is $3.07 and its 200-day simple moving average is $4.55. Safe & Green has a 1 year low of $2.01 and a 1 year high of $43.60.

Safe & Green (NASDAQ:SGBX) last issued its quarterly earnings results on Friday, May 17th. The company reported ($4.93) EPS for the quarter. The firm had revenue of $1.02 million for the quarter. Safe & Green had a negative return on equity of 4,127.08% and a negative net margin of 233.49%.

About Safe & Green

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.