Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) Short Interest Update

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 58,338 shares, a decline of 42.3% from the April 30th total of 101,177 shares. Based on an average trading volume of 44,943 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.8% of the shares of the company are short sold.

Planet Green Trading Up 1.9%

Shares of Planet Green stock traded up $0.03 on Thursday, reaching $1.60. 2,253 shares of the stock were exchanged, compared to its average volume of 117,287. Planet Green has a 1-year low of $0.47 and a 1-year high of $4.49. The business has a fifty day moving average price of $1.58 and a two-hundred day moving average price of $2.20. The firm has a market capitalization of $15.01 million, a PE ratio of -4.21 and a beta of 1.10.

Planet Green (NYSEAMERICAN:PLAG) last issued its quarterly earnings results on Saturday, May 16th. The company reported $0.04 earnings per share (EPS) for the quarter. Planet Green had a negative net margin of 299.99% and a negative return on equity of 1,172.32%. The business had revenue of $6.36 million for the quarter.

About Planet Green

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.