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

Binah Capital Group, Inc. (NASDAQ:BCG) saw a large growth in short interest in the month of 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 presently 0.2 days. Approximately 2.1% of the shares of the company are sold short.

Binah Capital Group Price Performance

Shares of NASDAQ:BCG traded up $0.19 during midday trading on Wednesday, reaching $2.59. The company had a trading volume of 115,978 shares, compared to its average volume of 51,805. The company’s 50 day moving average price is $2.71 and its 200 day moving average price is $3.26. Binah Capital Group has a 52-week low of $1.85 and a 52-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.