Short Interest in Binah Capital Group, Inc. (NASDAQ:BCG) Increases By 29.5%

Binah Capital Group, Inc. (NASDAQ:BCG) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 91,300 shares, a growth of 29.5% from the January 15th total of 70,500 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average trading volume of 618,600 shares, the short-interest ratio is presently 0.1 days.

Binah Capital Group Trading Up 7.2 %

Shares of NASDAQ BCG traded up $0.15 during mid-day trading on Friday, reaching $2.23. The company had a trading volume of 24,733 shares, compared to its average volume of 49,083. The business’s 50-day moving average is $2.50 and its 200-day moving average is $2.78. Binah Capital Group has a 52 week low of $1.85 and a 52 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.