Short Interest in Beneficient (NASDAQ:BENFW) Declines By 64.1%

Beneficient (NASDAQ:BENFW) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 4,466 shares, a decrease of 64.1% from the November 30th total of 12,435 shares. Based on an average daily trading volume, of 193,679 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 193,679 shares, the days-to-cover ratio is currently 0.0 days.

Beneficient Trading Up 12.6%

NASDAQ BENFW traded up $0.00 during trading on Friday, reaching $0.01. 112,830 shares of the company’s stock were exchanged, compared to its average volume of 314,281. The company’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.01. Beneficient has a fifty-two week low of $0.00 and a fifty-two week high of $0.04.

Beneficient Company Profile

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.