Beneficient (NASDAQ:BENFW) Sees Significant Decrease in Short Interest

Beneficient (NASDAQ:BENFW) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 9,600 shares, a drop of 25.0% from the June 30th total of 12,800 shares. Based on an average daily trading volume, of 625,200 shares, the short-interest ratio is presently 0.0 days.

Beneficient Stock Performance

Shares of NASDAQ BENFW remained flat at $0.01 on Monday. 21,819 shares of the company’s stock were exchanged, compared to its average volume of 374,606. The company has a 50 day moving average of $0.01 and a 200 day moving average of $0.01. Beneficient has a fifty-two week low of $0.01 and a fifty-two week high of $0.06.

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.