Beneficient (NASDAQ:BENF) Short Interest Up 40.8% in June

Beneficient (NASDAQ:BENF) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 37,300 shares, an increase of 40.8% from the May 31st total of 26,500 shares. Based on an average trading volume of 845,200 shares, the short-interest ratio is currently 0.0 days. Approximately 2.5% of the shares of the stock are sold short.

Beneficient Trading Down 6.8 %

Shares of BENF stock traded down $0.15 during trading hours on Monday, reaching $2.07. The company’s stock had a trading volume of 109,557 shares, compared to its average volume of 461,474. The firm’s 50 day simple moving average is $3.59 and its 200-day simple moving average is $14.07. Beneficient has a fifty-two week low of $1.86 and a fifty-two week high of $287.20.

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.