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

Fundamental Global Inc. (NASDAQ:FGF) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 7,200 shares, a decline of 93.6% from the November 15th total of 113,200 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is presently 0.3 days.

Fundamental Global Price Performance

NASDAQ:FGF traded up $0.92 during trading hours on Friday, hitting $25.23. 34,088 shares of the stock traded hands, compared to its average volume of 7,700. Fundamental Global has a 1 year low of $14.21 and a 1 year high of $40.75. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The company has a market cap of $31.79 million, a price-to-earnings ratio of 19.26 and a beta of 0.68. The stock has a 50 day moving average price of $26.13 and a 200 day moving average price of $25.57.

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.