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 in 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. Based on an average daily volume of 618,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.9% of the shares of the stock are sold short.

Binah Capital Group Price Performance

NASDAQ:BCG traded up $0.15 during trading hours on Friday, hitting $2.23. 24,733 shares of the stock traded hands, compared to its average volume of 49,083. 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 $2.50 and a 200 day moving average price of $2.78.

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.