Short Interest in Fundamental Global Inc. (NASDAQ:FGF) Decreases By 93.6%

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 7,200 shares, a drop of 93.6% from the November 15th total of 113,200 shares. Based on an average trading volume of 22,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are short sold.

Fundamental Global Stock Down 2.7 %

NASDAQ FGF traded down $0.69 during trading on Wednesday, reaching $25.31. 23,064 shares of the company’s stock were exchanged, compared to its average volume of 7,248. The company has a 50 day moving average price of $26.16 and a two-hundred day moving average price of $25.64. The stock has a market cap of $32.02 million, a P/E ratio of 19.85 and a beta of 0.67. Fundamental Global has a 1 year low of $14.21 and a 1 year high of $40.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.11.

About Fundamental Global

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. The company was formerly known as Ballantyne Strong, Inc and changed its name to FG Group Holdings Inc in December 2022.