Safe & Green Holdings Corp. (NASDAQ:SGBX – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 671,585 shares, a growth of 42.4% from the December 31st total of 471,729 shares. Currently, 11.6% of the shares of the company are sold short. Based on an average daily volume of 688,465 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 688,465 shares, the short-interest ratio is currently 1.0 days. Currently, 11.6% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Safe & Green in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
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Safe & Green Price Performance
Safe & Green (NASDAQ:SGBX – Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported ($12.68) earnings per share for the quarter. Safe & Green had a negative return on equity of 118.68% and a negative net margin of 544.66%.The company had revenue of $1.05 million during the quarter.
Hedge Funds Weigh In On Safe & Green
An institutional investor recently raised its position in Safe & Green stock. XTX Topco Ltd increased its holdings in shares of Safe & Green Holdings Corp. (NASDAQ:SGBX – Free Report) by 360.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,561 shares of the company’s stock after buying an additional 39,576 shares during the quarter. XTX Topco Ltd owned 0.41% of Safe & Green worth $33,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 3.50% of the company’s stock.
Safe & Green Company Profile
Safe & Green Holding Corp (NASDAQ: SGBX) is a diversified cannabis and hemp company that develops, cultivates, manufactures and retails a range of cannabinoid-based products. Through its subsidiaries, the company operates state-licensed cultivation facilities and processing centers, producing items such as dried flower, pre-rolls, concentrates, vape cartridges and hemp-derived wellness products. Its vertically integrated approach is designed to oversee every stage of the supply chain—from seed to sale—ensuring consistent quality and regulatory compliance.
Founded in 2019, Safe & Green has pursued a growth strategy centered on acquiring and operating licensed assets in U.S.
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