Binah Capital Group, Inc. (NASDAQ:BCGWW – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 25,071 shares, an increase of 80.0% from the May 31st total of 13,926 shares. Based on an average daily volume of 6,828 shares, the short-interest ratio is presently 3.7 days.
Binah Capital Group Price Performance
Shares of Binah Capital Group stock opened at $0.15 on Friday. Binah Capital Group has a 1 year low of $0.03 and a 1 year high of $0.19. The company’s fifty day moving average is $0.16 and its two-hundred day moving average is $0.16.
Binah Capital Group Company Profile
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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