Beneficient (NASDAQ:BENFW) Short Interest Down 47.7% in September

Beneficient (NASDAQ:BENFW) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 50,500 shares, a decline of 47.7% from the September 15th total of 96,600 shares. Based on an average daily volume of 714,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 714,900 shares, the days-to-cover ratio is currently 0.1 days.

Beneficient Stock Up 3.9%

NASDAQ:BENFW opened at $0.01 on Tuesday. Beneficient has a twelve month low of $0.00 and a twelve month high of $0.04. The stock’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.01.

About Beneficient

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.