Safe & Green Holdings Corp. (NASDAQ:SGBX) Sees Significant Growth in Short Interest

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 293,000 shares, a growth of 627.0% from the November 30th total of 40,300 shares. Currently, 7.5% of the company’s stock are sold short. Based on an average daily trading volume, of 3,000,000 shares, the short-interest ratio is presently 0.1 days.

Safe & Green Stock Up 11.2 %

Shares of SGBX traded up $0.05 during mid-day trading on Thursday, hitting $0.49. 229,383 shares of the company were exchanged, compared to its average volume of 1,337,737. The company has a 50 day moving average of $0.69 and a 200-day moving average of $1.34. Safe & Green has a 1-year low of $0.38 and a 1-year high of $10.40.

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