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

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 105,400 shares, a drop of 54.7% from the February 13th total of 232,800 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 4,810,000 shares, the days-to-cover ratio is currently 0.0 days.

Safe & Green Price Performance

NASDAQ:SGBX opened at $0.51 on Friday. Safe & Green has a 12-month low of $0.38 and a 12-month high of $9.30. The stock’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $0.77.

Safe & Green Company Profile

Safe & Green Holdings Corp. is a design and construction services company, which engages in the provision of code engineered cargo shipping containers. It operates through the following segments: Construction, Medical, Development, and Corporate and Support. The Construction Services segment includes the manufacturing of unit SG ECHO and other modules projects.