Short Interest in Reliance Global Group, Inc. (NASDAQ:RELIW) Declines By 52.9%

Reliance Global Group, Inc. (NASDAQ:RELIW) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 2,638 shares, a decline of 52.9% from the November 30th total of 5,598 shares. Based on an average trading volume of 5,717 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 5,717 shares, the days-to-cover ratio is currently 0.5 days.

Reliance Global Group Stock Down 29.8%

NASDAQ RELIW opened at $0.01 on Friday. The business has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.04. Reliance Global Group has a 1-year low of $0.01 and a 1-year high of $0.10.

About Reliance Global Group

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. Reliance Global Group, Inc was incorporated in 2013 and is headquartered in Lakewood, New Jersey.