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

Fundamental Global Inc. (NASDAQ:FGF) was the target of a significant growth in short interest during the month of 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 shares are sold short. Based on an average daily volume of 38,100 shares, the short-interest ratio is currently 0.1 days.

Fundamental Global Trading Up 1.2 %

NASDAQ FGF traded up $0.24 during trading on Wednesday, hitting $20.30. 14,995 shares of the company’s stock traded hands, compared to its average volume of 37,955. The firm has a market cap of $25.68 million, a P/E ratio of 15.50 and a beta of 0.75. The stock has a fifty day moving average of $21.21 and a two-hundred day moving average of $23.89. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 1.11. Fundamental Global has a 12-month low of $14.21 and a 12-month high of $38.50.

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.