Beneficient (NASDAQ:BENF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 217,800 shares, an increase of 19.4% from the August 31st total of 182,400 shares. Currently, 6.6% of the shares of the stock are short sold. Based on an average trading volume of 2,820,000 shares, the days-to-cover ratio is presently 0.1 days.
Beneficient Price Performance
Shares of Beneficient stock traded down $0.16 on Friday, reaching $1.26. The company had a trading volume of 97,350 shares, compared to its average volume of 1,287,927. The firm’s 50-day moving average price is $2.12 and its two-hundred day moving average price is $3.47. Beneficient has a 1 year low of $1.11 and a 1 year high of $224.80.
Beneficient (NASDAQ:BENF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $10.05 million for the quarter. Equities analysts expect that Beneficient will post -1.72 EPS for the current year.
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About Beneficient
Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments.
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