Fundamental Global Inc. (NASDAQ:FGF) Sees Large Growth in Short Interest

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 5,300 shares, a growth of 35.9% from the January 31st total of 3,900 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 38,100 shares, the short-interest ratio is presently 0.1 days.

Fundamental Global Stock Up 1.2 %

Shares of FGF traded up $0.24 on Wednesday, reaching $20.30. The stock had a trading volume of 14,995 shares, compared to its average volume of 37,955. The firm has a market capitalization of $25.68 million, a price-to-earnings ratio of 15.50 and a beta of 0.75. The company has a 50-day simple moving average of $21.21 and a 200-day simple moving average of $23.89. Fundamental Global has a 12-month low of $14.21 and a 12-month high of $38.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.11.

Fundamental Global Company Profile

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.