Beneficient (NASDAQ:BENF) Stock Short Interest Report for September

Beneficient (NASDAQ:BENF) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 950,383 shares, an increase of 205.1% from the September 15th total of 311,505 shares. Currently, 7.3% of the shares of the stock are sold short. Based on an average daily volume of 52,634,456 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Beneficient in a research report on Monday, September 21st. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Beneficient has an average rating of “Sell”.

Beneficient Price Performance

Shares of BENF traded down $0.09 during trading hours on Tuesday, hitting $0.87. 145,777 shares of the stock were exchanged, compared to its average volume of 3,370,194. The business has a 50-day moving average of $1.82 and a 200-day moving average of $2.86. Beneficient has a fifty-two week low of $0.50 and a fifty-two week high of $12.48. The firm has a market capitalization of $12.65 million, a P/E ratio of -0.12 and a beta of -0.01.

Beneficient (NASDAQ:BENF) last announced its earnings results on Friday, August 14th. The company reported ($0.47) EPS for the quarter, beating the consensus estimate of ($2.06) by $1.59. The business had revenue of $15.93 million for the quarter, compared to the consensus estimate of $10.16 million. As a group, analysts forecast that Beneficient will post -9.50 earnings per share for the current fiscal year.

About Beneficient

Beneficient (NASDAQ: BENF) is a financial services company that provides liquidity and trust-based solutions for holders of alternative assets. Its platform is designed to help investors access cash from illiquid investments, including private equity, venture capital, real estate, private credit and other privately held assets, without necessarily waiting for those investments to reach maturity or a traditional exit.

The company serves individuals, families, trusts, family offices and certain institutional investors.