BLACKSTAR ENTERPRISE GROUP INC (OTCMKTS:BEGI) Sellers Increased By 2.38% Their Shorts

May 17, 2018 - By Robert Crowder

The stock of BLACKSTAR ENTERPRISE GROUP INC (OTCMKTS:BEGI) registered an increase of 2.38% in short interest. BEGI’s total short interest was 4,300 shares in May as published by FINRA. Its up 2.38% from 4,200 shares, reported previously. With 400 shares average volume, it will take short sellers 11 days to cover their BEGI’s short positions. The short interest to BLACKSTAR ENTERPRISE GROUP INC’s float is 0.06%.

It closed at $1.31 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

BlackStar Enterprise Group, Inc. operates as a merchant banking and finance company. The company has market cap of $68.12 million. It offers funds in the form of loans, factoring, convertible debt, equity, and joint ventures. It currently has negative earnings. The firm was formerly known as BlackStar Energy Group, Inc. and changed its name to BlackStar Enterprise Group, Inc. in September 2016.

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