Safe & Green Holdings Corp. (NASDAQ:SGBX) Sees Large Decrease in Short Interest

Safe & Green Holdings Corp. (NASDAQ:SGBX) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 40,300 shares, a decrease of 61.3% from the November 15th total of 104,000 shares. Based on an average daily trading volume, of 2,950,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.2% of the shares of the company are short sold.

Safe & Green Stock Down 7.0 %

SGBX traded down $0.03 during trading hours on Friday, hitting $0.45. The company’s stock had a trading volume of 367,443 shares, compared to its average volume of 1,370,841. The company has a 50-day simple moving average of $0.79 and a 200 day simple moving average of $1.52. Safe & Green has a fifty-two week low of $0.38 and a fifty-two week high of $11.40.

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.