Reliance Global Group, Inc. Common Stock
Market Cap
2.2M
Short interest (May 15)
5.5%
Net Short (Jun 03 ): 0.9%
Borrow Fee
85.24%
↑ 90.2%
Available Shares
1K
↓ 99.8%
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Company Overview
Reliance Global Group Inc operates as a holding company that acquires, owns, and actively manages insurance and technology-focused businesses. The company focuses on growing by pursuing acquisition strategies initially, and focuses on wholesale and retail insurance agencies. Its primary move is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations. The Company operates as a single operating segment, the Insurance Segment, earning its revenues from insurance commissions.
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