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

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

Fundamental Global Stock Performance

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 company has a market cap of $43.00 million, a PE ratio of 25.95 and a beta of 0.55. The company has a 50-day simple moving average of $24.76 and a 200-day simple moving average of $25.51. Fundamental Global has a 12 month low of $14.21 and a 12 month high of $40.75.

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.