Planet Green Holdings Corp. (PLAG) Short Interest Up 3,524.2% in October

Planet Green Holdings Corp. (NASDAQ:PLAG) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 157,289 shares, an increase of 3,524.2% from the October 15th total of 4,340 shares. Based on an average daily volume of 2,469,492 shares, the short-interest ratio is presently 0.1 days.

Planet Green stock opened at $4.75 on Friday. Planet Green has a 12-month low of $1.85 and a 12-month high of $11.51.

In other news, CEO Hongxiang Yu acquired 1,176,471 shares of the business’s stock in a transaction that occurred on Tuesday, October 16th. The stock was purchased at an average cost of $4.25 per share, for a total transaction of $5,000,001.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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Planet Green Company Profile

Planet Green Holdings Corp., through its subsidiaries, develops, manufactures, markets, and sells various food products in the People's Republic of China. The company offers chestnut products, including frozen chestnuts; and convenience foods, such as ready-to-cook and ready-to-eat food products.

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