Why Do Investors Buy Stock In Benson Hill Inc (BHIL)?

Benson Hill Inc (NASDAQ:BHIL) has a beta value of 2.10 and has seen 0.22 million shares traded in the last trading session. The company, currently valued at $7.33M, closed the last trade at $1.20 per share which meant it gained $0.06 on the day or 5.26% during that session. The BHIL stock price is -818.33% off its 52-week high price of $11.02 and 5.0% above the 52-week low of $1.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.2 million shares traded. The 3-month trading volume is 316.17K shares.

Benson Hill Inc (NASDAQ:BHIL) trade information

Sporting 5.26% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BHIL stock price touched $1.20 or saw a rise of 22.08%. Year-to-date, Benson Hill Inc shares have moved -39.09%, while the 5-day performance has seen it change -25.47%. Over the past 30 days, the shares of Benson Hill Inc (NASDAQ:BHIL) have changed -34.47%. Short interest in the company has seen 0.7 million shares shorted with days to cover at 0.89.

BHIL Dividends

Benson Hill Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Benson Hill Inc (NASDAQ:BHIL)’s Major holders

Insiders own 40.07% of the company shares, while shares held by institutions stand at 17.25% with a share float percentage of 28.78%. Investors are also buoyed by the number of investors in a company, with Benson Hill Inc having a total of 42.0 institutions that hold shares in the company. The top two institutional holders are ALPHABET INC. with over 15.35 million shares worth more than $2.3 million. As of 2024-06-30, ALPHABET INC. held 8.038% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 7.55 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.15 million and represent 3.9553% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024 , the former fund manager holds about 1.93% shares in the company for having 117.84 shares of worth $0.14 million while later fund manager owns 50.84 shares of worth $61014.0 as of Sep 30, 2024 , which makes it owner of about 0.83% of company’s outstanding stock.