Short Interest in Benson Hill, Inc. (NASDAQ:BHIL) Decreases By 5.5%

Benson Hill, Inc. (NASDAQ:BHIL) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 83,100 shares, a drop of 5.5% from the August 31st total of 87,900 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average daily volume of 43,200 shares, the short-interest ratio is presently 1.9 days.

Benson Hill Stock Performance

Shares of NASDAQ:BHIL traded up $0.07 during trading on Monday, reaching $7.20. The stock had a trading volume of 9,498 shares, compared to its average volume of 32,098. The stock has a fifty day simple moving average of $6.51 and a two-hundred day simple moving average of $6.60. The company has a quick ratio of 1.86, a current ratio of 2.38 and a debt-to-equity ratio of 1.75. Benson Hill has a 52 week low of $4.41 and a 52 week high of $16.64. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of -10.19 and a beta of 2.14.

Benson Hill (NASDAQ:BHIL) last announced its earnings results on Thursday, August 8th. The company reported ($3.27) EPS for the quarter, missing the consensus estimate of ($2.10) by ($1.17). The firm had revenue of $33.77 million during the quarter, compared to the consensus estimate of $24.30 million. Benson Hill had a negative return on equity of 124.29% and a negative net margin of 33.88%. As a group, analysts anticipate that Benson Hill will post -12.91 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Benson Hill

Institutional investors have recently made changes to their positions in the business. Builders Vision LLC boosted its stake in Benson Hill by 1.2% during the 1st quarter. Builders Vision LLC now owns 11,631,755 shares of the company’s stock valued at $2,338,000 after purchasing an additional 138,888 shares during the period. Fortem Financial Group LLC boosted its position in shares of Benson Hill by 53.4% in the first quarter. Fortem Financial Group LLC now owns 2,945,845 shares of the company’s stock valued at $591,000 after acquiring an additional 1,025,345 shares during the period. Sentry LLC acquired a new stake in shares of Benson Hill in the fourth quarter worth $132,000. Renaissance Technologies LLC increased its position in Benson Hill by 27.9% during the second quarter. Renaissance Technologies LLC now owns 582,001 shares of the company’s stock worth $89,000 after acquiring an additional 126,800 shares during the period. Finally, Moloney Securities Asset Management LLC raised its stake in Benson Hill by 0.8% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 421,050 shares of the company’s stock valued at $64,000 after purchasing an additional 3,500 shares during the last quarter. 36.21% of the stock is currently owned by institutional investors.

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.