Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) Short Interest Up 128.1% in July

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 95,717 shares, a growth of 128.1% from the July 15th total of 41,956 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 6,276,236 shares, the days-to-cover ratio is presently 0.0 days.

Planet Green Trading Down 20.4%

Planet Green stock opened at $0.90 on Friday. The company has a market cap of $8.44 million, a PE ratio of -2.37 and a beta of 1.12. Planet Green has a 1 year low of $0.49 and a 1 year high of $6.81. The company’s 50-day moving average is $1.44 and its two-hundred day moving average is $1.87.

Planet Green (NYSEAMERICAN:PLAG) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.08) EPS for the quarter. The business had revenue of $0.79 million for the quarter. Planet Green had a negative return on equity of 1,172.32% and a negative net margin of 299.99%.

Planet Green Company Profile

Planet Green Holdings Corp., through its subsidiaries, engages in the production and distribution of brick, black, and green tea products in China and internationally. It also imports and distributes beef and mutton products; manufactures and sells ethanol fuel and fuel additives, including alcohol based clean fuel, liquid wax, arene, and biomass fuel; and produces formaldehyde, urea formaldehyde adhesive, and methylal products, as well as vehicles gasoline and diesel products. In addition, the company manufactures and sells insulation type explosion-proof skid-mounted refueling equipment and SF double-layer buried oil storage tank products.