Binah Capital Group, Inc. (NASDAQ:BCG) Short Interest Up 10.4% in October

Binah Capital Group, Inc. (NASDAQ:BCGGet Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 33,000 shares, a growth of 10.4% from the September 30th total of 29,900 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.7% of the shares of the stock are sold short.

Binah Capital Group Trading Down 2.4 %

NASDAQ BCG opened at $2.05 on Wednesday. Binah Capital Group has a 1 year low of $1.85 and a 1 year high of $16.61. The company’s 50 day simple moving average is $2.88 and its two-hundred day simple moving average is $4.78.

Binah Capital Group (NASDAQ:BCGGet Free Report) last posted its quarterly earnings data on Thursday, August 15th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $40.65 million for the quarter.

Institutional Trading of Binah Capital Group

A hedge fund recently bought a new stake in Binah Capital Group stock. Privium Fund Management B.V. bought a new stake in shares of Binah Capital Group, Inc. (NASDAQ:BCGFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 4.97% of the company’s stock.

About Binah Capital Group

(Get Free Report)

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.

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