Beneficient (NASDAQ:BENF) Short Interest Update

Beneficient (NASDAQ:BENF) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 107,656 shares, a decline of 22.6% from the December 31st total of 139,093 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 57,662 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily volume of 57,662 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the shares of the company are sold short.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BENF shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Beneficient in a report on Monday, December 29th. Wall Street Zen upgraded shares of Beneficient to a “sell” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Beneficient Stock Performance

Shares of NASDAQ BENF traded down $0.11 during midday trading on Friday, reaching $4.59. The stock had a trading volume of 46,568 shares, compared to its average volume of 51,139. Beneficient has a 12-month low of $1.75 and a 12-month high of $12.48. The stock has a 50-day moving average of $5.58 and a 200-day moving average of $4.49.

Beneficient Company Profile

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.