Short Interest in Binah Capital Group, Inc. (NASDAQ:BCG) Expands By 320.0%

Binah Capital Group, Inc. (NASDAQ:BCG) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 100,800 shares, a growth of 320.0% from the December 15th total of 24,000 shares. Based on an average daily volume of 605,200 shares, the short-interest ratio is currently 0.2 days. Approximately 2.1% of the shares of the stock are short sold.

Binah Capital Group Price Performance

Shares of BCG stock traded up $0.02 during trading hours on Tuesday, reaching $2.47. 2,117 shares of the company were exchanged, compared to its average volume of 41,391. The stock’s fifty day moving average is $2.70 and its two-hundred day moving average is $3.28. Binah Capital Group has a fifty-two week low of $1.85 and a fifty-two week high of $16.61.

Binah Capital Group Company Profile

Binah Capital Group, Inc, together with its subsidiaries, operates in the wealth management industry. The company provides access to stock, bond, exchange-traded fund, and options execution services; and research, compliance, supervision, and accounting and related services for financial advisors. It also offers mutual funds and insurance products, as well as alternative investments, such as non-traded real estate investment trusts, unit trusts, and fixed and variable annuities.