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

Beneficient (NASDAQ:BENFW) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 79,700 shares, a growth of 2,746.4% from the May 31st total of 2,800 shares. Based on an average trading volume of 536,100 shares, the short-interest ratio is presently 0.1 days.

Beneficient Price Performance

NASDAQ BENFW traded down $0.00 on Thursday, hitting $0.01. 107,251 shares of the company were exchanged, compared to its average volume of 379,526. Beneficient has a twelve month low of $0.01 and a twelve month high of $0.07. The company’s 50 day moving average price is $0.01 and its 200-day moving average price 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.