Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Short Interest Down 61.8% in April

Posted by on May 16th, 2026

Beasley Broadcast Group, Inc. (NASDAQ:BBGI – Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 71,791 shares, a decline of 61.8% from the April 15th total of 188,169 shares. Based on an average trading volume of 298,525 shares, the days-to-cover ratio is presently 0.2 days. Currently, 8.4% of the company’s stock are sold short.

Beasley Broadcast Group Stock Down 9.6%

Beasley Broadcast Group stock traded down $1.46 during midday trading on Friday, hitting $13.81. The stock had a trading volume of 46,401 shares, compared to its average volume of 162,464. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.68. The stock has a market cap of $24.94 million, a P/E ratio of -0.13 and a beta of 4.69. Beasley Broadcast Group has a 12 month low of $3.14 and a 12 month high of $26.37. The business has a fifty day moving average price of $10.50 and a 200 day moving average price of $6.87.

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $1.77 earnings per share for the quarter. The firm had revenue of $42.59 million during the quarter. Beasley Broadcast Group had a negative return on equity of 16.56% and a negative net margin of 95.51%.

Institutional Trading of Beasley Broadcast Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. bought a new stake in Beasley Broadcast Group in the second quarter valued at about $83,000. Susquehanna International Group LLP bought a new stake in Beasley Broadcast Group in the third quarter valued at about $85,000. HRT Financial LP bought a new stake in Beasley Broadcast Group in the fourth quarter valued at about $129,000. Finally, Gamco Investors INC. ET AL increased its holdings in Beasley Broadcast Group by 22.3% in the third quarter. Gamco Investors INC. ET AL now owns 56,154 shares of the company’s stock valued at $296,000 after buying an additional 10,238 shares during the last quarter. 21.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Beasley Broadcast Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Read Our Latest Research Report on Beasley Broadcast Group

Beasley Broadcast Group Company Profile

(Get Free Report)

Beasley Broadcast Group, Inc is a diversified media company primarily engaged in the ownership, operation and licensing of radio broadcast stations across the United States. Headquartered in Naples, Florida, the company provides local and regional audiences with a mix of music, news, talk and sports programming designed to serve diverse demographic markets. Through its portfolio of stations, Beasley generates advertising revenues by offering on-air spots, sponsorships and promotional partnerships to national and local advertisers.

In addition to traditional over-the-air programming, Beasley Broadcast Group offers digital services that include live audio streaming, podcast production, mobile apps and website content for many of its radio brands.

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