In last trading session, Bright Green Corp (NASDAQ:BGXX) saw 1.28 million shares changing hands with its beta currently measuring 0.77. Company’s recent per share price level of $0.27 trading at -$0.02 or -7.59% at ring of the bell on the day assigns it a market valuation of $49.28M. That closing price of BGXX’s stock is at a discount of -570.37% from its 52-week high price of $1.81 and is indicating a premium of 44.44% from its 52-week low price of $0.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.2 million shares which gives us an average trading volume of 1.99 million if we extend that period to 3-months.

Bright Green Corp (NASDAQ:BGXX) trade information

Upright in the red during last session for losing -7.59%, in the last five days BGXX remained trading in the red while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $0.27 price level, adding 12.9% to its value on the day. Bright Green Corp’s shares saw a change of -18.81% in year-to-date performance and have moved -1.58% in past 5-day. Bright Green Corp (NASDAQ:BGXX) showed a performance of 14.33% in past 30-days. Number of shares sold short was 2.79 million shares which calculate 2.07 days to cover the short interests.

BGXX Dividends

Bright Green Corp is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Bright Green Corp (NASDAQ:BGXX)’s Major holders

Insiders are in possession of 62.61% of company’s total shares while institution are holding 9.30 percent of that, with stock having share float percentage of 24.87%. Investors also watch the number of corporate investors in a company very closely, which is 9.30% institutions for Bright Green Corp that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at BGXX for having 3.39 million shares of worth $3.43 million. And as of Jun 29, 2023, it was holding 1.89% of the company’s outstanding shares.

The second largest institutional holder is Armistice Capital, LLC, which was holding about 2.84 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 1.58% of outstanding shares, having a total worth of $2.87 million.

On the other hand, ETF Managers Tr-EFTMG U.S. Alternative Harvest ETF and Global X Fds-The Global X Cannabis ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 2.41 million shares of worth $2.43 million or 1.34% of the total outstanding shares. The later fund manager was in possession of 2.29 million shares on Sep 29, 2023, making its stake of worth around $0.91 million in the company or a holder of 1.28% of company’s stock.