Binah Capital Group, Inc. (NASDAQ:BCGWW – Get Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 4,869 shares, a decrease of 33.7% from the November 30th total of 7,340 shares. Based on an average daily volume of 11,947 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 11,947 shares, the short-interest ratio is presently 0.4 days.
Binah Capital Group Stock Down 38.5%
NASDAQ BCGWW opened at $0.11 on Monday. The business has a 50 day simple moving average of $0.09 and a 200 day simple moving average of $0.06. Binah Capital Group has a one year low of $0.03 and a one year high of $0.19.
About Binah Capital Group
Binah Capital Group Ltd is a special purpose acquisition company incorporated in the British Virgin Islands and listed on the Nasdaq under the symbol BCGWW. The company was formed in mid-2021 with the sole purpose of effecting a merger, capital stock exchange, asset acquisition, capital stock purchase, reorganization or similar business combination – commonly known as a SPAC, or blank check company.
To date, Binah Capital Group has no operating business, revenues or assets other than cash held in trust.
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