Beneficient (NASDAQ:BENFW – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 42,561 shares, an increase of 634.1% from the February 26th total of 5,798 shares. Based on an average daily trading volume, of 58,410 shares, the short-interest ratio is currently 0.7 days.
Beneficient Stock Up 2.0%
Shares of NASDAQ BENFW opened at $0.01 on Thursday. Beneficient has a 12-month low of $0.00 and a 12-month high of $0.04. The stock’s fifty day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01.
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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