Beneficient (NASDAQ:BENFW) Sees Large 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 trading volume of 319,600 shares, the days-to-cover ratio is currently 0.0 days.

Beneficient Price Performance

NASDAQ BENFW remained flat at $0.01 during trading on Friday. 41,092 shares of the company’s stock traded hands, compared to its average volume of 360,893. Beneficient has a twelve month low of $0.01 and a twelve month high of $0.06. The firm’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.01.

About Beneficient

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.