Alex Blumenfrucht Sells 5,236 Shares of Reliance Global Group, Inc. (NASDAQ:RELI) Stock

Reliance Global Group, Inc. (NASDAQ:RELI) Director Alex Blumenfrucht sold 5,236 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $3.69, for a total value of $19,320.84. Following the completion of the sale, the director now directly owns 484 shares in the company, valued at approximately $1,785.96. The trade was a 91.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Reliance Global Group Trading Up 5.9 %

Shares of NASDAQ RELI traded up $0.15 during trading on Thursday, reaching $2.68. The stock had a trading volume of 256,690 shares, compared to its average volume of 666,077. Reliance Global Group, Inc. has a fifty-two week low of $1.17 and a fifty-two week high of $18.53. The business’s 50-day moving average price is $1.84 and its 200-day moving average price is $2.85.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.