Beneficient (NASDAQ:BENFW) Short Interest Up 23.3% in October

Beneficient (NASDAQ:BENFW) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,700 shares, an increase of 23.3% from the October 15th total of 3,000 shares. Based on an average daily volume of 267,200 shares, the days-to-cover ratio is presently 0.0 days.

Beneficient Price Performance

Shares of NASDAQ BENFW remained flat at $0.01 during trading on Friday. 2,498,909 shares of the stock were exchanged, compared to its average volume of 350,785. The firm’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.01. Beneficient has a 12-month low of $0.01 and a 12-month high of $0.06.

Beneficient Company Profile

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.