Fundamental Global Inc. (NASDAQ:FGF) Short Interest Update

Fundamental Global Inc. (NASDAQ:FGF) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 56,500 shares, a growth of 31.4% from the July 15th total of 43,000 shares. Based on an average daily volume of 42,100 shares, the days-to-cover ratio is currently 1.3 days.

Fundamental Global Price Performance

Shares of NASDAQ:FGF traded down $0.02 during midday trading on Thursday, hitting $0.95. The company had a trading volume of 58,407 shares, compared to its average volume of 42,289. Fundamental Global has a twelve month low of $0.83 and a twelve month high of $1.85. The stock has a market cap of $26.83 million, a price-to-earnings ratio of -5.25 and a beta of 0.55. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.00 and a quick ratio of 1.00. The business’s 50-day simple moving average is $1.00 and its 200-day simple moving average is $1.22.

Fundamental Global (NASDAQ:FGF) last issued its earnings results on Friday, May 17th. The company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $8.64 million during the quarter. Fundamental Global had a negative return on equity of 7.08% and a negative net margin of 6.73%.

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.