Short Interest in Beneficient (NASDAQ:BENFW) Increases By 372.4%

Beneficient (NASDAQ:BENFWGet Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 3,789 shares, an increase of 372.4% from the April 15th total of 802 shares. Based on an average trading volume of 25,359 shares, the short-interest ratio is presently 0.1 days.

Beneficient Stock Up 1.0%

Shares of NASDAQ:BENFW traded up $0.00 during mid-day trading on Thursday, hitting $0.01. The stock had a trading volume of 21,419 shares, compared to its average volume of 86,551. Beneficient has a 12-month low of $0.00 and a 12-month high of $0.04. The company’s 50 day moving average is $0.01 and its 200-day moving average is $0.01.

Beneficient Company Profile

(Get Free Report)

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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