Short Interest in Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) Drops By 60.8%

Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) saw a large decline in short interest in June. As of June 30th, there was short interest totalling 2,000 shares, a decline of 60.8% from the May 30th total of 5,100 shares. Based on an average trading volume of 13,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

NASDAQ PHCF traded up $0.06 on Friday, hitting $2.76. 7,500 shares of the stock were exchanged, compared to its average volume of 8,124. Puhui Wealth Investment Managemnt has a fifty-two week low of $2.30 and a fifty-two week high of $6.30. The firm has a 50-day simple moving average of $2.80.

Puhui Wealth Investment Managemnt Company Profile

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.

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