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

Planet Green Holdings Corp. (NYSEAMERICAN:PLAG) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 95,717 shares, an increase of 128.1% from the July 15th total of 41,956 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,276,236 shares, the short-interest ratio is currently 0.0 days.

Planet Green Stock Down 20.4%

Shares of NYSEAMERICAN:PLAG opened at $0.90 on Friday. Planet Green has a 12 month low of $0.49 and a 12 month high of $6.81. The company’s 50-day moving average price is $1.44 and its two-hundred day moving average price is $1.87. The firm has a market cap of $8.44 million, a P/E ratio of -2.37 and a beta of 1.12.

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

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.