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

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

Safe & Green Stock Down 4.3 %

Shares of SGBX stock traded down $0.02 during trading on Friday, hitting $0.49. 495,101 shares of the stock traded hands, compared to its average volume of 2,588,039. The firm’s fifty day moving average price is $0.69 and its 200-day moving average price is $0.77. Safe & Green has a 52-week low of $0.38 and a 52-week high of $9.30.

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.