Short Interest in Fundamental Global Inc. (NASDAQ:FGF) Expands By 26.0%

Fundamental Global Inc. (NASDAQ:FGFGet Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 32,000 shares, an increase of 26.0% from the May 15th total of 25,400 shares. Based on an average daily trading volume, of 75,300 shares, the short-interest ratio is currently 0.4 days.

Fundamental Global Stock Down 5.8 %

Shares of Fundamental Global stock traded down $0.06 during trading hours on Monday, hitting $1.03. The company had a trading volume of 32,032 shares, compared to its average volume of 47,538. The company’s 50-day moving average is $1.26 and its two-hundred day moving average is $1.34. Fundamental Global has a twelve month low of $0.99 and a twelve month high of $1.85. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $29.08 million, a P/E ratio of -5.69 and a beta of 0.54.

Fundamental Global (NASDAQ:FGFGet Free Report) last released its earnings results on Friday, May 17th. The company reported ($0.26) EPS for the quarter. Fundamental Global had a negative return on equity of 7.08% and a negative net margin of 6.73%. The firm had revenue of $8.64 million during the quarter.

Fundamental Global Company Profile

(Get Free Report)

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc and changed its name to FG Group Holdings Inc in December 2022.

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