Binah Capital Group, Inc. (NASDAQ:BCGWW – Get Free Report) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,369 shares, a growth of 207.7% from the April 15th total of 1,745 shares. Based on an average daily volume of 1,626 shares, the short-interest ratio is currently 3.3 days.
Binah Capital Group Trading Down 12.0%
Binah Capital Group stock traded down $0.02 during midday trading on Thursday, reaching $0.17. The company had a trading volume of 5,000 shares, compared to its average volume of 18,131. Binah Capital Group has a 12-month low of $0.03 and a 12-month high of $0.19. The firm’s fifty day simple moving average is $0.15 and its 200-day simple moving average is $0.13.
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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