Benson Hill, Inc. (NYSE:BHIL) Short Interest Update

Benson Hill, Inc. (NYSE:BHIL) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 9,480,000 shares, an increase of 5.6% from the March 15th total of 8,980,000 shares. Based on an average daily trading volume, of 909,300 shares, the days-to-cover ratio is presently 10.4 days. Approximately 8.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Benson Hill

Hedge funds have recently bought and sold shares of the company. Moneta Group Investment Advisors LLC purchased a new stake in Benson Hill during the third quarter worth about $33,000. SG Americas Securities LLC grew its holdings in shares of Benson Hill by 647.0% in the third quarter. SG Americas Securities LLC now owns 74,712 shares of the company’s stock valued at $25,000 after purchasing an additional 64,711 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in Benson Hill during the 2nd quarter worth approximately $48,000. Teacher Retirement System of Texas acquired a new stake in Benson Hill during the 2nd quarter worth approximately $48,000. Finally, Price T Rowe Associates Inc. MD purchased a new position in Benson Hill in the 2nd quarter valued at approximately $45,000. Institutional investors and hedge funds own 36.21% of the company’s stock.

Benson Hill Trading Down 2.1 %

Shares of BHIL traded down $0.00 during trading on Wednesday, reaching $0.18. 207,294 shares of the company traded hands, compared to its average volume of 913,505. The stock has a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.22. The stock has a market cap of $36.98 million, a PE ratio of -0.29 and a beta of 2.24. Benson Hill has a twelve month low of $0.13 and a twelve month high of $1.85. The company has a quick ratio of 0.92, a current ratio of 1.17 and a debt-to-equity ratio of 0.92.

Benson Hill (NYSE:BHIL) last announced its earnings results on Thursday, March 14th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.02). Benson Hill had a negative net margin of 24.36% and a negative return on equity of 65.64%. The firm had revenue of $116.59 million during the quarter, compared to analysts’ expectations of $87.28 million. On average, analysts anticipate that Benson Hill will post -0.29 earnings per share for the current year.

Benson Hill Company Profile

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.