Binah Capital Group, Inc. (NASDAQ:BCG) Sees Large Increase in Short Interest

Binah Capital Group, Inc. (NASDAQ:BCG) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 100,800 shares, an increase 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 short-interest ratio is currently 0.2 days.

Binah Capital Group Trading Up 0.8 %

BCG stock traded up $0.02 during trading hours on Tuesday, hitting $2.47. 2,117 shares of the stock traded hands, compared to its average volume of 41,391. The stock has a 50-day simple moving average of $2.70 and a 200 day simple moving average of $3.28. Binah Capital Group has a one year low of $1.85 and a one year 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.