Beneficient’s filing revealed that its insider Welday Jeff unloaded Company’s shares for reported $2187.0 on Dec 23 ’24. In the deal valued at $0.65 per share,3,364 shares were sold. As a result of this transaction, Welday Jeff now holds 89,018 shares worth roughly $67653.68000000001.
Then, Welday Jeff sold 1,241 shares, generating $831 in total proceeds. Upon selling the shares at $0.67, the insider now owns 92,382 shares.
Before that, Welday Jeff sold 896 shares. Beneficient shares valued at $627 were divested by the insider at a price of $0.70 per share. As a result of the transaction, Welday Jeff now holds 93,623 shares, worth roughly $71153.48.
Price Performance Review of BENF
On Monday, Beneficient [NASDAQ:BENF] saw its stock jump 5.70% to $0.76. Over the last five days, the stock has gained 8.57%. Beneficient shares have risen nearly 2.08% since the year began. Nevertheless, the stocks have fallen -97.84% over the past one year. While a 52-week high of $35.98 was reached on 01/02/25, a 52-week low of $0.60 was recorded on 01/02/25. SMA at 50 days reached $0.9615, while 200 days put it at $2.5921.
Levels Of Support And Resistance For BENF Stock
The 24-hour chart illustrates a support level at 0.7425, which if violated will result in even more drops to 0.7250. On the upside, there is a resistance level at 0.7750. A further resistance level may holdings at 0.7900. The Relative Strength Index (RSI) on the 14-day chart is 45.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0091, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.53%. Stochastics %K at 51.84% 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 2024-10-31, dropping by 59717.0 shares to a total of 0.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.19 million shares. There was a decline of -44.34%, which implies that there is a negative sentiment for the stock.
