Short Interest in Beneficient (NASDAQ:BENF) Grows By 84.8%

by · The Cerbat Gem

Beneficient (NASDAQ:BENF – Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 139,093 shares, an increase of 84.8% from the December 15th total of 75,248 shares. Based on an average daily trading volume, of 321,496 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the company’s stock are short sold. Currently, 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 321,496 shares, the short-interest ratio is currently 0.4 days.

Beneficient Stock Down 3.7%

Shares of BENF stock opened at $4.70 on Friday. Beneficient has a 52 week low of $1.75 and a 52 week high of $12.48. The company has a 50-day simple moving average of $5.48 and a 200 day simple moving average of $4.32.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen upgraded Beneficient to a “sell” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Beneficient in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Read Our Latest Research Report on BENF

Beneficient Company Profile

(Get Free Report)

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben 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.

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