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

Fundamental Global Inc. (NASDAQ:FGF) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,800 shares, a decline of 75.0% from the November 30th total of 7,200 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.1 days.

Fundamental Global Trading Down 5.8 %

Shares of FGF stock traded down $1.24 during trading hours on Thursday, hitting $20.10. The company had a trading volume of 28,785 shares, compared to its average volume of 8,400. Fundamental Global has a fifty-two week low of $14.21 and a fifty-two week high of $40.75. 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’s fifty day moving average is $25.76 and its 200 day moving average is $25.10. The stock has a market capitalization of $25.43 million, a PE ratio of 15.34 and a beta of 0.68.

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.