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

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

Planet Green Stock Down 20.4%

Shares of PLAG traded down $0.23 during trading hours on Friday, hitting $0.90. 2,321,678 shares of the company were exchanged, compared to its average volume of 15,939,432. The company has a market cap of $8.44 million, a price-to-earnings ratio of -2.37 and a beta of 1.12. Planet Green has a fifty-two week low of $0.49 and a fifty-two week high of $6.81. The firm’s fifty day moving average is $1.44 and its 200 day moving average is $1.87.

Planet Green (NYSEAMERICAN:PLAG) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.08) 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 company had revenue of $0.79 million during 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.