Reliance Global Group, Inc. (NASDAQ:RELI) Short Interest Up 234.6% in November

Reliance Global Group, Inc. (NASDAQ:RELI) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 43,500 shares, an increase of 234.6% from the November 15th total of 13,000 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average trading volume of 161,500 shares, the days-to-cover ratio is presently 0.3 days.

Reliance Global Group Stock Down 2.5 %

Shares of NASDAQ RELI traded down $0.04 during midday trading on Wednesday, hitting $1.54. The company had a trading volume of 40,723 shares, compared to its average volume of 241,701. Reliance Global Group has a twelve month low of $1.20 and a twelve month high of $18.53. The business has a 50-day simple moving average of $1.95 and a two-hundred day simple moving average of $3.04.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.