Beneficient (NASDAQ:BENFW) Sees Significant Increase in Short Interest

Beneficient (NASDAQ:BENFW) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 3,000 shares, a growth of 400.0% from the September 30th total of 600 shares. Based on an average daily trading volume, of 319,600 shares, the short-interest ratio is presently 0.0 days.

Beneficient Price Performance

BENFW remained flat at $0.01 during trading on Friday. 41,254 shares of the company’s stock traded hands, compared to its average volume of 360,894. The company has a 50-day moving average price of $0.01 and a 200-day moving average price of $0.01. Beneficient has a fifty-two week low of $0.01 and a fifty-two week high of $0.06.

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.