Binah Capital Group, Inc. (NASDAQ:BCG) Short Interest Update

Binah Capital Group, Inc. (NASDAQ:BCG) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 29,900 shares, a growth of 7.9% from the September 15th total of 27,700 shares. Based on an average trading volume of 25,400 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company’s stock are sold short.

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. bought a new position in Binah Capital Group, Inc. (NASDAQ:BCG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 50,744 shares of the company’s stock, valued at approximately $315,000. Privium Fund Management B.V. owned about 0.31% of Binah Capital Group at the end of the most recent reporting period. 4.97% of the stock is currently owned by institutional investors.

Binah Capital Group Stock Performance

BCG stock opened at $2.44 on Friday. Binah Capital Group has a twelve month low of $2.40 and a twelve month high of $16.61. The stock’s 50 day moving average is $3.07 and its 200-day moving average is $5.16.

Binah Capital Group (NASDAQ:BCG) last issued its quarterly earnings data on Thursday, August 15th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $40.65 million during the quarter.

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.