Reliance Global Group, Inc. Common Stock
Market Cap
4.1M
Short interest (Jan 15)
5.0%
Net Short (Jan 23 ): 3.9%
Borrow Fee
21.76%
↓ 33.5%
Available Shares
100K
↓ 12.7%
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Company Overview
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing acquisition strategies, initially and focused on wholesale and retail insurance agencies. Its primary strategies 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, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.
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