Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) Short Interest Up 46.7% in February

Planet Green Holdings Corp. (NYSEAMERICAN:PLAGGet Free Report) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 64,609 shares, a growth of 46.7% from the January 29th total of 44,051 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 184,720 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 184,720 shares, the short-interest ratio is currently 0.3 days. Approximately 0.9% of the company’s stock are short sold.

Planet Green Stock Down 3.2%

PLAG stock traded down $0.08 during trading on Tuesday, reaching $2.41. The stock had a trading volume of 107,586 shares, compared to its average volume of 171,602. Planet Green has a one year low of $0.47 and a one year high of $4.49. The company’s 50 day moving average is $2.78 and its two-hundred day moving average is $2.26. The company has a quick ratio of 0.48, a current ratio of 0.56 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $22.61 million, a price-to-earnings ratio of -6.34 and a beta of 0.81.

About Planet Green

(Get Free Report)

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.

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