PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) Sees Significant Drop in Short Interest

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,100 shares, a decrease of 56.0% from the August 15th total of 2,500 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 0.6 days.

PhenixFIN Co. 5.25% Notes due 2028 Stock Performance

NASDAQ:PFXNZ traded down $0.25 during trading hours on Friday, hitting $22.23. The company’s stock had a trading volume of 515 shares, compared to its average volume of 1,786. PhenixFIN Co. 5.25% Notes due 2028 has a twelve month low of $20.50 and a twelve month high of $22.80. The stock has a fifty day simple moving average of $22.32 and a 200-day simple moving average of $22.35.

PhenixFIN Co. 5.25% Notes due 2028 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 15th were given a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend was Monday, July 15th.

About PhenixFIN Co. 5.25% Notes due 2028

medley capital corp (mcc) is a financial services company located in 375 park ave, new york, new york, united states.