Beneficient’s filing revealed that its Chief Technology Officer Rutledge Maria S. acquired Company’s shares for reported $999.0 on Sep 20 ’24. In the deal valued at $1.11 per share,900 shares were bought. As a result of this transaction, Rutledge Maria S. now holds 2,540 shares worth roughly $4800.599999999999.
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Then, GWG Wind Down Trust sold 479,511 shares, generating $1,404,967 in total proceeds. Upon selling the shares at $2.93, the 10% Owner now owns 643,178 shares.
Before that, GWG Wind Down Trust sold 106,703 shares. Beneficient shares valued at $186,730 were divested by the 10% Owner at a price of $1.75 per share. As a result of the transaction, GWG Wind Down Trust now holds 536,475 shares, worth roughly $1.01 million.
Price Performance Review of BENF
On Friday, Beneficient [NASDAQ:BENF] saw its stock jump 58.82% to $1.89. Over the last five days, the stock has gained 50.00%. Beneficient shares have fallen nearly -95.14% since the year began. Nevertheless, the stocks have fallen -98.81% over the past one year. While a 52-week high of $192.00 was reached on 01/02/24, a 52-week low of $1.11 was recorded on 10/02/24. SMA at 50 days reached $1.9157, while 200 days put it at $9.5053.
Levels Of Support And Resistance For BENF Stock
The 24-hour chart illustrates a support level at 1.6800, which if violated will result in even more drops to 1.4700. On the upside, there is a resistance level at 2.1200. A further resistance level may holdings at 2.3500. The Relative Strength Index (RSI) on the 14-day chart is 59.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1464, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.27%. Stochastics %K at 40.87% indicates the stock is a holding.
How much short interest is there in Beneficient?
A steep rise in short interest was recorded in Beneficient stocks on 2024-09-13, growing by 92188.0 shares to a total of 0.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 0.13 million shares. There was a rise of 42.32%, which implies that there is a positive sentiment for the stock.
