Short Interest in Safe & Green Holdings Corp. (NASDAQ:SGBX) Drops By 54.7%

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

Safe & Green Stock Down 4.3 %

Shares of NASDAQ SGBX opened at $0.49 on Friday. Safe & Green has a 12-month low of $0.38 and a 12-month high of $9.30. The firm’s 50-day moving average is $0.69 and its two-hundred day moving average is $0.76.

About Safe & Green

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.