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

Beneficient (NASDAQ:BENFW) was the target of a significant drop in short interest in 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 trading volume, of 331,800 shares, the short-interest ratio is currently 0.0 days.

Beneficient Price Performance

Shares of BENFW remained flat at $0.01 during midday trading on Friday. The stock had a trading volume of 99,735 shares, compared to its average volume of 361,328. Beneficient has a 1-year low of $0.01 and a 1-year high of $0.06. The stock’s 50-day moving average is $0.01 and its two-hundred day moving average is $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.