Beneficient (NASDAQ:BENF – Get Free Report) was the target of a significant increase in short interest during 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. Currently, 2.5% of the company’s stock are sold short. Based on an average trading volume of 845,200 shares, the days-to-cover ratio is presently 0.0 days.
Beneficient Stock Down 11.2 %
Shares of NASDAQ BENF traded down $0.28 during midday trading on Friday, reaching $2.22. 427,344 shares of the company’s stock were exchanged, compared to its average volume of 109,996. Beneficient has a 52-week low of $1.86 and a 52-week high of $287.20. The business’s fifty day moving average price is $3.59 and its two-hundred day moving average price is $14.21.
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