Short Interest in Binah Capital Group, Inc. (NASDAQ:BCG) Increases By 320.0%

Binah Capital Group, Inc. (NASDAQ:BCG) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 100,800 shares, an increase of 320.0% from the December 31st total of 24,000 shares. Based on an average trading volume of 605,200 shares, the short-interest ratio is currently 0.2 days. Approximately 2.1% of the shares of the stock are sold short.

Binah Capital Group Stock Down 7.9 %

BCG stock traded down $0.20 during midday trading on Tuesday, reaching $2.32. The company had a trading volume of 35,807 shares, compared to its average volume of 55,191. Binah Capital Group has a 1-year low of $1.85 and a 1-year high of $16.61. The stock has a 50 day moving average price of $2.64 and a 200-day moving average price of $3.06.

Binah Capital Group Company Profile

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.