Binah Capital Group, Inc. (NASDAQ:BCGWW) Short Interest Up 1,052.9% in February

Binah Capital Group, Inc. (NASDAQ:BCGWW) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,067 shares, a growth of 1,052.9% from the February 12th total of 613 shares. Based on an average daily trading volume, of 18,759 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 18,759 shares, the short-interest ratio is presently 0.4 days.

Binah Capital Group Stock Down 38.8%

Shares of BCGWW stock traded down $0.07 during midday trading on Thursday, reaching $0.11. 450 shares of the stock were exchanged, compared to its average volume of 17,733. Binah Capital Group has a 1 year low of $0.03 and a 1 year high of $0.19. The company’s 50 day moving average is $0.15 and its two-hundred day moving average is $0.10.

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.