Binah Capital Group, Inc. (NASDAQ:BCGWW) Short Interest Update

Binah Capital Group, Inc. (NASDAQ:BCGWW) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 35,414 shares, a growth of 627.3% from the December 15th total of 4,869 shares. Based on an average trading volume of 10,543 shares, the days-to-cover ratio is presently 3.4 days. Based on an average trading volume of 10,543 shares, the days-to-cover ratio is presently 3.4 days.

Binah Capital Group Price Performance

Shares of NASDAQ:BCGWW traded up $0.01 during midday trading on Monday, reaching $0.15. The company had a trading volume of 10,900 shares, compared to its average volume of 7,567. The company’s 50 day moving average price is $0.11 and its 200 day moving average price is $0.07. Binah Capital Group has a 52-week low of $0.03 and a 52-week high of $0.19.

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.