Beneficient (NASDAQ:BENFW – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 28,103 shares, a growth of 642.5% from the May 14th total of 3,785 shares. Based on an average trading volume of 113,527 shares, the days-to-cover ratio is presently 0.2 days.
Beneficient Trading Down 1.9%
Shares of NASDAQ:BENFW traded down $0.00 during midday trading on Thursday, reaching $0.01. 6,985 shares of the company’s stock traded hands, compared to its average volume of 84,796. Beneficient has a one year low of $0.00 and a one year high of $0.04. The stock has a 50 day moving average of $0.01 and a 200 day moving average of $0.01.
Beneficient Company Profile
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.
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