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

Binah Capital Group, Inc. (NASDAQ:BCGWW) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 8,192 shares, a drop of 71.4% from the January 15th total of 28,619 shares. Based on an average daily volume of 6,379 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 6,379 shares, the days-to-cover ratio is currently 1.3 days.

Binah Capital Group Stock Performance

Shares of Binah Capital Group stock opened at $0.14 on Friday. The business has a fifty day simple moving average of $0.15 and a 200-day simple moving average of $0.09. Binah Capital Group has a fifty-two week low of $0.03 and a fifty-two 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.