Fundamental Global Inc. (NASDAQ:FGF) Short Interest Down 28.4% in September

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 25,500 shares, a drop of 28.4% from the August 31st total of 35,600 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is presently 1.0 days.

Fundamental Global Stock Performance

Shares of FGF traded up $0.02 during trading hours on Friday, hitting $1.01. The stock had a trading volume of 25,929 shares, compared to its average volume of 39,314. Fundamental Global has a 12 month low of $0.83 and a 12 month high of $1.85. The stock has a fifty day moving average price of $0.98 and a 200 day moving average price of $1.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $29.05 million, a PE ratio of -5.61 and a beta of 0.56.

Fundamental Global (NASDAQ:FGF) last announced its earnings results on Wednesday, August 14th. The company reported ($0.22) EPS for the quarter. Fundamental Global had a negative return on equity of 16.00% and a negative net margin of 14.29%. The company had revenue of $7.87 million during the quarter.

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.