Short Interest in Beneficient (NASDAQ:BENFW) Drops By 43.1%

Beneficient (NASDAQ:BENFW) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,900 shares, a drop of 43.1% from the August 31st total of 5,100 shares. Based on an average daily volume of 331,800 shares, the days-to-cover ratio is currently 0.0 days.

Beneficient Stock Performance

Beneficient stock remained flat at $0.01 during mid-day trading on Friday. The company had a trading volume of 99,735 shares, compared to its average volume of 361,328. Beneficient has a 52 week low of $0.01 and a 52 week high of $0.06. The business has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $0.01.

Beneficient Company Profile

Beneficient, a technology-enabled financial service company, provides liquidity solutions and related trust, custody and administrative services to participants in the alternative asset industry. The company operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. It offers AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks and complete their transactions with standardized transaction agreements.