Short Interest in Binah Capital Group, Inc. (NASDAQ:BCGWW) Drops By 28.2%

Binah Capital Group, Inc. (NASDAQ:BCGWW) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 15,300 shares, a drop of 28.2% from the October 31st total of 21,300 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 6.7 days.

Binah Capital Group Stock Performance

Shares of Binah Capital Group stock remained flat at $0.06 during trading on Friday. 185 shares of the stock traded hands, compared to its average volume of 31,045. The business’s fifty day simple moving average is $0.04 and its two-hundred day simple moving average is $0.07. Binah Capital Group has a 1-year low of $0.02 and a 1-year high of $0.28.

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.