Olenox Industries Inc (NASDAQ:OLOX) Short Interest Update

Olenox Industries Inc (NASDAQ:OLOX) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 18,093 shares, a drop of 49.9% from the July 15th total of 36,123 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 24,169 shares, the short-interest ratio is currently 0.7 days.

Olenox Industries Stock Performance

OLOX traded up $0.12 during trading on Monday, reaching $2.74. 69,602 shares of the company’s stock were exchanged, compared to its average volume of 302,523. Olenox Industries has a 1 year low of $2.61 and a 1 year high of $164.86. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.05 and a quick ratio of 0.04. The stock has a market capitalization of $3.86 million, a P/E ratio of -0.01 and a beta of 1.66. The company’s fifty day simple moving average is $5.21 and its 200-day simple moving average is $8.28.

Olenox Industries (NASDAQ:OLOX) last released its quarterly earnings data on Tuesday, June 30th. The company reported $398.88 EPS for the quarter. The business had revenue of $0.57 million for the quarter. Olenox Industries had a negative net margin of 701.31% and a negative return on equity of 117.56%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Olenox Industries in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Olenox Industries presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Olenox Industries

Several hedge funds have recently added to or reduced their stakes in the business. Engineers Gate Manager LP purchased a new stake in Olenox Industries in the 4th quarter worth approximately $32,000. Jane Street Group LLC purchased a new position in shares of Olenox Industries during the 4th quarter valued at approximately $70,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Olenox Industries during the 4th quarter valued at approximately $73,000. Finally, XTX Topco Ltd lifted its stake in shares of Olenox Industries by 360.3% in the 2nd quarter. XTX Topco Ltd now owns 50,561 shares of the company’s stock valued at $33,000 after purchasing an additional 39,576 shares during the period. 3.50% of the stock is owned by hedge funds and other institutional investors.

About Olenox Industries

Safe & Green Holding Corp (NASDAQ: SGBX) is a diversified cannabis and hemp company that develops, cultivates, manufactures and retails a range of cannabinoid-based products. Through its subsidiaries, the company operates state-licensed cultivation facilities and processing centers, producing items such as dried flower, pre-rolls, concentrates, vape cartridges and hemp-derived wellness products. Its vertically integrated approach is designed to oversee every stage of the supply chain—from seed to sale—ensuring consistent quality and regulatory compliance.

Founded in 2019, Safe & Green has pursued a growth strategy centered on acquiring and operating licensed assets in U.S.