Beneficient (NASDAQ:BENFW – Get Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 39,695 shares, a growth of 84.0% from the July 30th total of 21,574 shares. Based on an average daily trading volume, of 79,795 shares, the short-interest ratio is currently 0.5 days.
Beneficient Stock Performance
Shares of NASDAQ BENFW opened at $0.01 on Monday. The stock’s 50-day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01. Beneficient has a twelve month low of $0.01 and a twelve month high of $0.03.
About Beneficient
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.
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