Safe & Green Holdings Corp. (NASDAQ:SGBX) Short Interest Up 19.8% in June

Safe & Green Holdings Corp. (NASDAQ:SGBX) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 47,200 shares, a growth of 19.8% from the May 31st total of 39,400 shares. Currently, 5.4% of the company’s shares are short sold. Based on an average trading volume of 2,020,000 shares, the days-to-cover ratio is presently 0.0 days.

Safe & Green Stock Performance

Shares of SGBX opened at $2.71 on Tuesday. The business has a 50-day moving average of $3.62 and a 200-day moving average of $5.46. Safe & Green has a 1 year low of $2.01 and a 1 year high of $43.60.

Safe & Green (NASDAQ:SGBX) last issued its earnings results on Friday, May 17th. The company reported ($4.93) earnings per share for the quarter. The business had revenue of $1.02 million during the quarter. Safe & Green had a negative return on equity of 4,127.08% and a negative net margin of 233.49%.

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. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction.