Binah Capital Group, Inc. (NASDAQ:BCG) Short Interest Update

Binah Capital Group, Inc. (NASDAQ:BCG) was the target 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. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 605,200 shares, the days-to-cover ratio is currently 0.2 days.

Binah Capital Group Stock Performance

BCG traded up $0.19 during trading on Wednesday, hitting $2.59. 115,978 shares of the company’s stock were exchanged, compared to its average volume of 51,805. The business’s 50 day moving average is $2.71 and its two-hundred day moving average is $3.26. Binah Capital Group has a fifty-two week low of $1.85 and a fifty-two week high of $16.61.

About Binah Capital Group

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.