Safe and Green Development Co. (NASDAQ:SGD) Short Interest Update

Safe and Green Development Co. (NASDAQ:SGD) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 92,100 shares, a decrease of 27.3% from the November 30th total of 126,700 shares. Based on an average trading volume of 519,100 shares, the short-interest ratio is currently 0.2 days. Approximately 8.5% of the company’s stock are sold short.

Safe and Green Development Stock Down 2.2 %

NASDAQ:SGD traded down $0.06 on Friday, reaching $2.73. 68,187 shares of the stock traded hands, compared to its average volume of 233,732. Safe and Green Development has a 12 month low of $1.45 and a 12 month high of $53.80. The company’s fifty day simple moving average is $2.65 and its 200 day simple moving average is $4.95.

Safe and Green Development Company Profile

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single and multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida.