Reliance Global Group, Inc. Common Stock

RELI XNAS INSURANCE AGENTS, BROKERS & SERVICE

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%

Price Chart

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.

Company Info

Exchange: NASDAQ
Industry: INSURANCE AGENTS, BROKERS & SERVICE
CIK: 0001812727
Asset Type: CS

Market Data

Market Cap: $4,092,250
Employees: 64
Status: Active

Short Interest

Current Borrow Fee 21.76%
Range: 20.88% - 21.82%
Available Shares 100K
Range: 60K - 350K

Recent Changes

Fee Change: ↓ 16.4%
Available Change: ↓ 0.0%

Quick Actions

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Investment Risk

This is not financial advice. All investments carry risk. Do your own research before making investment decisions.

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