Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 5,100 shares, an increase of 30.8% from the May 15th total of 3,900 shares. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.
Shares of PHCF traded up $0.06 during midday trading on Friday, reaching $2.76. 7,500 shares of the stock were exchanged, compared to its average volume of 8,124. Puhui Wealth Investment Managemnt has a twelve month low of $2.30 and a twelve month high of $6.30. The firm has a 50-day simple moving average of $2.80.
About Puhui Wealth Investment Managemnt
Puhui Wealth Investment Management Co, Ltd., through its subsidiaries, provides third-party wealth management services in the People’s Republic of China. It manages funds for individuals and corporate clients. Puhui Wealth Investment Management Co, Ltd. has a strategic cooperation agreement with YINGKE Innovation Asset Management Co, Ltd.
Recommended Story: Differences Between Momentum Investing and Long Term Investing
Receive News & Ratings for Puhui Wealth Investment Managemnt Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Puhui Wealth Investment Managemnt and related companies with MarketBeat.com’s FREE daily email newsletter.