Short Interest in Beneficient (NASDAQ:BENF) Expands By 40.8%

Beneficient (NASDAQ:BENF) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 37,300 shares, an increase of 40.8% from the May 31st total of 26,500 shares. Currently, 2.5% of the shares of the company are short sold. Based on an average trading volume of 845,200 shares, the short-interest ratio is currently 0.0 days.

Beneficient Stock Down 11.2 %

Beneficient stock traded down $0.28 on Friday, reaching $2.22. 427,344 shares of the stock were exchanged, compared to its average volume of 109,996. Beneficient has a twelve month low of $1.86 and a twelve month high of $287.20. The firm has a fifty day moving average price of $3.59 and a two-hundred day moving average price of $14.21.

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.