Short Interest in Benson Hill, Inc. (NYSE:BHIL) Rises By 42.6%

Benson Hill, Inc. (NYSE:BHILGet Rating) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,050,000 shares, a growth of 42.6% from the March 15th total of 2,840,000 shares. Approximately 3.3% of the company’s stock are short sold. Based on an average daily trading volume, of 591,600 shares, the short-interest ratio is presently 6.8 days.

Benson Hill stock traded up $0.33 during mid-day trading on Friday, hitting $3.97. The company had a trading volume of 706,250 shares, compared to its average volume of 768,355. The company has a quick ratio of 3.27, a current ratio of 3.95 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average of $3.64. Benson Hill has a 1 year low of $2.53 and a 1 year high of $10.00.

Benson Hill (NYSE:BHILGet Rating) last announced its earnings results on Monday, March 28th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.18). The firm had revenue of $43.72 million for the quarter. As a group, research analysts expect that Benson Hill will post -0.77 earnings per share for the current fiscal year.

BHIL has been the topic of a number of recent research reports. Roth Capital assumed coverage on shares of Benson Hill in a research note on Friday, March 25th. They set a “buy” rating and a $9.00 target price on the stock. Zacks Investment Research upgraded shares of Benson Hill from a “sell” rating to a “hold” rating in a research note on Monday, April 11th. The Goldman Sachs Group dropped their price target on shares of Benson Hill from $9.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 16th. Finally, Barclays dropped their price target on shares of Benson Hill from $10.00 to $8.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Benson Hill currently has an average rating of “Buy” and a consensus price target of $8.00.

Institutional investors and hedge funds have recently made changes to their positions in the company. Wagner Wealth Management LLC purchased a new position in shares of Benson Hill during the fourth quarter worth approximately $30,000. Penserra Capital Management LLC acquired a new stake in shares of Benson Hill during the third quarter worth $79,000. Victory Capital Management Inc. acquired a new stake in shares of Benson Hill during the fourth quarter worth $94,000. Raymond James & Associates acquired a new stake in shares of Benson Hill during the fourth quarter worth $99,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Benson Hill during the fourth quarter worth $102,000. Institutional investors and hedge funds own 17.18% of the company’s stock.

About Benson Hill (Get Rating)

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.

See Also

Receive News & Ratings for Benson Hill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benson Hill and related companies with MarketBeat.com's FREE daily email newsletter.