Olenox Industries Inc (NASDAQ:OLOX) Stock Short Interest Report for September

Olenox Industries Inc (NASDAQ:OLOX) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 71,030 shares, an increase of 180.9% from the September 15th total of 25,291 shares. Approximately 4.6% of the company’s stock are sold short. Based on an average daily trading volume, of 3,639,837 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on OLOX shares. Wall Street Zen upgraded shares of Olenox Industries to a “hold” rating in a research note on Saturday, September 26th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Olenox Industries in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Olenox Industries Price Performance

OLOX stock opened at $0.80 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.13 and a quick ratio of 0.12. The firm has a market capitalization of $1.33 million, a P/E ratio of -0.04 and a beta of 1.56. The business’s 50-day moving average is $1.48 and its two-hundred day moving average is $4.45. Olenox Industries has a 1 year low of $0.69 and a 1 year high of $93.40.

Olenox Industries (NASDAQ:OLOX) last announced its quarterly earnings data on Wednesday, August 19th. The company reported ($3.11) earnings per share (EPS) for the quarter. Olenox Industries had a negative net margin of 427.82% and a negative return on equity of 117.43%. The company had revenue of $2.12 million during the quarter.

Olenox Industries Company Profile

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. The Medical segment consists of joint venture COVID-19 laboratory operations. The Development segment focuses on real property development.