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

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

Beneficient Stock Performance

NASDAQ BENFW traded up $0.00 on Monday, hitting $0.01. 108,091 shares of the company’s stock traded hands, compared to its average volume of 372,191. The firm’s 50-day moving average price is $0.01 and its two-hundred day moving average price is $0.01. Beneficient has a 1-year low of $0.01 and a 1-year high of $0.06.

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.