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

Safe and Green Development Co. (NASDAQ:SGD) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 84,100 shares, a decline of 51.6% from the October 31st total of 173,800 shares. Based on an average trading volume of 489,200 shares, the short-interest ratio is currently 0.2 days. Currently, 16.0% of the shares of the stock are short sold.

Safe and Green Development Trading Up 7.1 %

Shares of Safe and Green Development stock traded up $0.16 during midday trading on Friday, hitting $2.41. 862,447 shares of the company traded hands, compared to its average volume of 246,802. The firm’s fifty day moving average price is $3.56 and its 200-day moving average price is $6.08. Safe and Green Development has a 12 month low of $1.45 and a 12 month high of $53.80.

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.