Fundamental Global Inc. (NASDAQ:FGF) Short Interest Down 93.6% in November

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 7,200 shares, a decline of 93.6% from the November 15th total of 113,200 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 22,000 shares, the short-interest ratio is currently 0.3 days.

Fundamental Global Stock Performance

Shares of FGF stock traded down $0.69 during mid-day trading on Wednesday, hitting $25.31. The stock had a trading volume of 23,064 shares, compared to its average volume of 7,248. The firm has a market cap of $32.02 million, a PE ratio of 19.85 and a beta of 0.67. The company’s 50-day simple moving average is $26.16 and its 200-day simple moving average is $25.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11. Fundamental Global has a fifty-two week low of $14.21 and a fifty-two week high of $40.75.

About Fundamental Global

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc and changed its name to FG Group Holdings Inc in December 2022.