Short Interest in Beneficient (NASDAQ:BENFW) Expands By 125.5%

Beneficient (NASDAQ:BENFWGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 32,833 shares, a growth of 125.5% from the December 31st total of 14,561 shares. Based on an average daily volume of 86,233 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 86,233 shares, the days-to-cover ratio is currently 0.4 days.

Beneficient Price Performance

NASDAQ BENFW opened at $0.01 on Friday. The business’s 50 day moving average price is $0.01 and its 200-day moving average price is $0.01. Beneficient has a fifty-two week low of $0.00 and a fifty-two week high of $0.04.

About Beneficient

(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.

Recommended Stories

Receive News & Ratings for Beneficient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beneficient and related companies with MarketBeat.com's FREE daily email newsletter.