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

Beneficient (NASDAQ:BENFW) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 10,386 shares, a drop of 68.4% from the January 15th total of 32,833 shares. Based on an average daily volume of 66,014 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 66,014 shares, the short-interest ratio is presently 0.2 days.

Beneficient Price Performance

Shares of BENFW stock opened at $0.01 on Friday. The business has a 50-day simple moving average of $0.01 and a 200-day simple moving average of $0.01. Beneficient has a 52-week low of $0.00 and a 52-week high of $0.04.

Beneficient Company Profile

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.