Binah Capital Group (BCG) Short Interest Ratio & Short Volume

Short interest is the volume of Binah Capital Group shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 29,200 shares of BCG short. 0.60% of Binah Capital Group's shares are currently sold short. Learn More on Binah Capital Group's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.60% of Binah Capital Group's floating shares are currently sold short.

Binah Capital Group saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 29,200 shares, a drop of 11.5% from the previous total of 33,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Binah Capital Group currently has issued a total of 16,600,000 shares. Some of Binah Capital Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Binah Capital Group currently has a public float of 4,870,000 shares.

0.60% of Binah Capital Group's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Binah Capital Group: TROOPS, Inc. (0.20%), Peoples Bancorp of North Carolina, Inc. (1.86%), United Security Bancshares (0.15%), Hanover Bancorp, Inc. (0.20%), First Guaranty Bancshares, Inc. (0.23%), Meridian Co. (0.08%), CB Financial Services, Inc. (0.17%), Citizens Community Bancorp, Inc. (0.33%), Franklin Financial Services Co. (0.13%), Richmond Mutual Bancorporation, Inc. (0.42%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling BCG is an investing strategy that aims to generate trading profit from Binah Capital Group as its price is falling. BCG shares are trading down $0.32 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Binah Capital Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BCG, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BCG, twice per month. The most recent reporting period available is October, 31 2024.