Beneficient (NASDAQ:BENFW) Sees Large Drop in Short Interest

Beneficient (NASDAQ:BENFW) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 5,100 shares, a drop of 16.4% from the August 15th total of 6,100 shares. Based on an average daily trading volume, of 456,400 shares, the days-to-cover ratio is currently 0.0 days.

Beneficient Price Performance

BENFW stock traded down $0.00 during trading on Wednesday, reaching $0.01. 101,095 shares of the company were exchanged, compared to its average volume of 369,528. The company has a 50-day moving average of $0.01 and a two-hundred day moving average of $0.01. Beneficient has a twelve month low of $0.01 and a twelve month 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.