Fundamental Global Inc. (NASDAQ:FGF) Short Interest Up 1,696.8% in November

Fundamental Global Inc. (NASDAQ:FGF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 113,200 shares, an increase of 1,696.8% from the October 31st total of 6,300 shares. Based on an average trading volume of 17,000 shares, the short-interest ratio is presently 6.7 days. Approximately 10.0% of the shares of the stock are short sold.

Fundamental Global Stock Up 6.4 %

Shares of NASDAQ FGF opened at $33.99 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11. The firm’s 50-day moving average is $24.76 and its two-hundred day moving average is $25.51. Fundamental Global has a 12-month low of $14.21 and a 12-month high of $40.75. The company has a market capitalization of $43.00 million, a PE ratio of 25.95 and a beta of 0.55.

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.