Benson Hill, Inc. (NYSE:BHIL) Sees Large Growth in Short Interest

Benson Hill, Inc. (NYSE:BHILGet Free Report) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 9,480,000 shares, an increase of 5.6% from the March 15th total of 8,980,000 shares. Approximately 8.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 909,300 shares, the short-interest ratio is presently 10.4 days.

Institutional Investors Weigh In On Benson Hill

Several institutional investors have recently bought and sold shares of BHIL. Builders Vision LLC acquired a new stake in Benson Hill in the 4th quarter worth about $1,997,000. BlackRock Inc. boosted its holdings in shares of Benson Hill by 55.8% during the 3rd quarter. BlackRock Inc. now owns 18,105,051 shares of the company’s stock worth $49,608,000 after purchasing an additional 6,485,440 shares during the last quarter. State Street Corp boosted its holdings in shares of Benson Hill by 690.7% during the 2nd quarter. State Street Corp now owns 3,586,885 shares of the company’s stock worth $9,828,000 after purchasing an additional 3,133,270 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Benson Hill during the 1st quarter worth approximately $7,429,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Benson Hill by 26.2% during the 3rd quarter. Vanguard Group Inc. now owns 7,649,031 shares of the company’s stock worth $20,958,000 after purchasing an additional 1,588,096 shares during the last quarter. 36.21% of the stock is currently owned by institutional investors and hedge funds.

Benson Hill Price Performance

BHIL stock opened at $0.17 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.92 and a debt-to-equity ratio of 0.92. Benson Hill has a 12-month low of $0.13 and a 12-month high of $1.85. The business’s 50-day moving average is $0.21 and its 200 day moving average is $0.22.

Benson Hill (NYSE:BHILGet Free Report) last posted its quarterly earnings data on Thursday, March 14th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.02). Benson Hill had a negative return on equity of 65.64% and a negative net margin of 24.36%. The firm had revenue of $116.59 million during the quarter, compared to analyst estimates of $87.28 million. As a group, equities analysts expect that Benson Hill will post -0.29 earnings per share for the current fiscal year.

About Benson Hill

(Get Free Report)

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.

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