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

Olenox Industries Inc (NASDAQ:OLOX) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 177,837 shares, an increase of 150.4% from the September 30th total of 71,030 shares. Based on an average daily volume of 14,227,893 shares, the short-interest ratio is currently 0.0 days. Currently, 11.5% of the company’s shares are short sold.

Analysts Set New Price Targets

A number of research firms have issued reports on OLOX. Weiss Ratings reiterated a “sell (e+)” rating on shares of Olenox Industries in a report on Wednesday, August 26th. Wall Street Zen raised Olenox Industries to a “hold” rating in a research report on Saturday, September 26th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Olenox Industries has an average rating of “Sell”.

Olenox Industries Price Performance

NASDAQ OLOX traded down $0.03 during mid-day trading on Friday, hitting $0.77. The stock had a trading volume of 382,617 shares, compared to its average volume of 2,138,167. The company has a 50 day simple moving average of $0.98 and a 200 day simple moving average of $6.77. The company has a quick ratio of 0.12, a current ratio of 0.13 and a debt-to-equity ratio of 1.08. The company has a market cap of $1.28 million, a price-to-earnings ratio of -0.04 and a beta of 1.56. Olenox Industries has a 52-week low of $0.60 and a 52-week high of $93.40.

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