Binah Capital Group, Inc. (NASDAQ:BCGWW) Short Interest Down 92.5% in February

Binah Capital Group, Inc. (NASDAQ:BCGWW) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 613 shares, a decrease of 92.5% from the January 29th total of 8,192 shares. Based on an average daily volume of 8,744 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 8,744 shares, the short-interest ratio is currently 0.1 days.

Binah Capital Group Stock Down 11.1%

Shares of BCGWW opened at $0.16 on Thursday. The business’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.09. 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.