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

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a drop of 54.3% from the February 28th total of 3,500 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.7 days.

PhenixFIN Co. 5.25% Notes due 2028 Price Performance

Shares of NASDAQ PFXNZ traded down $0.05 during mid-day trading on Friday, reaching $23.40. 105 shares of the company traded hands, compared to its average volume of 2,365. PhenixFIN Co. 5.25% Notes due 2028 has a fifty-two week low of $21.89 and a fifty-two week high of $23.55. The stock has a fifty day simple moving average of $23.13 and a 200-day simple moving average of $22.87.

PhenixFIN Co. 5.25% Notes due 2028 Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date is Tuesday, April 15th.

PhenixFIN Co. 5.25% Notes due 2028 Company Profile

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