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

Beneficient (NASDAQ:BENFW) was the recipient of a large increase in short interest in 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 trading volume of 267,200 shares, the short-interest ratio is presently 0.0 days.

Beneficient Price Performance

BENFW remained flat at $0.01 during trading on Friday. 2,498,909 shares of the company’s stock traded hands, compared to its average volume of 350,785. Beneficient has a 52 week low of $0.01 and a 52 week high of $0.06. The business’s fifty day simple moving average is $0.01 and its 200 day simple moving average is $0.01.

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.