Binah Capital Group, Inc. (NASDAQ:BCG) Short Interest Down 73.7% in November

Binah Capital Group, Inc. (NASDAQ:BCG) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 18,300 shares, a drop of 73.7% from the November 15th total of 69,700 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 444,100 shares, the days-to-cover ratio is presently 0.0 days.

Binah Capital Group Stock Down 4.4 %

Shares of NASDAQ BCG traded down $0.13 during midday trading on Friday, reaching $2.80. The stock had a trading volume of 73,835 shares, compared to its average volume of 295,676. The company’s 50 day moving average price is $2.60 and its 200 day moving average price is $4.05. Binah Capital Group has a twelve month low of $1.85 and a twelve month high of $16.61.

Hedge Funds Weigh In On Binah Capital Group

A hedge fund recently bought a new stake in Binah Capital Group stock. Privium Fund Management B.V. acquired a new stake in Binah Capital Group, Inc. (NASDAQ:BCG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 50,744 shares of the company’s stock, valued at approximately $315,000. Privium Fund Management B.V. owned approximately 0.31% of Binah Capital Group as of its most recent SEC filing. 4.97% of the stock is owned by institutional investors.

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.