Puhui Wealth Investment Management Co., Ltd. (NASDAQ:PHCF – Get Rating) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 23,300 shares, a decline of 21.5% from the March 31st total of 29,700 shares. Based on an average daily trading volume, of 155,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.6% of the shares of the stock are short sold.
PHCF stock opened at $0.69 on Thursday. Puhui Wealth Investment Management has a 12-month low of $0.63 and a 12-month high of $5.88. The business’s 50-day moving average is $0.84 and its 200 day moving average is $1.19.
About Puhui Wealth Investment Management (Get Rating)
Puhui Wealth Investment Management Co, Ltd., through its subsidiaries, provides third-party wealth management services in the People’s Republic of China. The company markets financial products, such as private equity funds, securities investment funds, and private placement bond products to high-net-worth individuals and small and medium enterprises, as well as offers trust plans and asset management plans.
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