Safe and Green Development Co. (NASDAQ:SGD) Sees Significant Decrease in Short Interest

Safe and Green Development Co. (NASDAQ:SGDGet Free Report) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 25,300 shares, a decline of 78.2% from the January 31st total of 115,900 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is presently 0.0 days.

Safe and Green Development Stock Up 2.7 %

Shares of NASDAQ SGD traded up $0.02 during midday trading on Thursday, reaching $0.77. The company’s stock had a trading volume of 32,412 shares, compared to its average volume of 1,398,826. Safe and Green Development has a 12-month low of $0.38 and a 12-month high of $10.46. The firm has a 50 day moving average price of $1.04.

About Safe and Green Development

(Get Free Report)

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or 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.

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