Fundamental Global Inc. (NASDAQ:FGF) Sees Significant Decline in Short Interest

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,100 shares, a decrease of 26.8% from the March 15th total of 5,600 shares. Based on an average trading volume of 23,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the stock are short sold.

Fundamental Global Price Performance

Shares of NASDAQ FGF traded down $0.14 during trading on Friday, hitting $15.38. 482 shares of the company were exchanged, compared to its average volume of 15,888. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11. Fundamental Global has a 1 year low of $14.21 and a 1 year high of $38.40. The company has a market cap of $19.56 million, a price-to-earnings ratio of 11.74 and a beta of 0.82. The firm’s fifty day moving average price is $18.75 and its 200 day moving average price is $22.25.

Fundamental Global Company Profile

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.