Beneficient (NASDAQ:BENFW – Get Free Report) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 802 shares, a drop of 19.3% from the March 31st total of 994 shares. Based on an average daily volume of 72,627 shares, the days-to-cover ratio is presently 0.0 days.
Beneficient Stock Down 1.5%
NASDAQ BENFW opened at $0.01 on Friday. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01. Beneficient has a one year low of $0.00 and a one year high of $0.04.
About Beneficient
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.
Further Reading
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