Short Interest in Beneficient (NASDAQ:BENFW) Expands By 84.0%

Beneficient (NASDAQ:BENFWGet Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 39,695 shares, an increase of 84.0% from the July 30th total of 21,574 shares. Based on an average daily trading volume, of 79,795 shares, the short-interest ratio is presently 0.5 days.

Beneficient Stock Performance

Shares of NASDAQ:BENFW traded down $0.00 during mid-day trading on Friday, reaching $0.01. The stock had a trading volume of 13,812 shares, compared to its average volume of 73,630. The firm has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. Beneficient has a twelve month low of $0.01 and a twelve month high of $0.03.

Beneficient Company Profile

(Get Free Report)

Beneficient (NASDAQ: BENFW) is a global specialty finance company that provides non-dilutive, senior secured lending solutions to corporate and institutional clients. Focused on the middle‐market segment, the firm structures bespoke credit facilities that enable companies to fund growth initiatives, acquisitions and working capital needs without diluting equity interests. Beneficient’s transaction sizes typically range from tens of millions to several hundred million dollars, tailored to the specific requirements of each borrower.

The company’s product suite includes asset-based lending, cash-flow financing and cross-border credit solutions.

Further Reading

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