Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) Sees Large Decrease in Short Interest

Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 600 shares, a drop of 57.1% from the August 30th total of 1,400 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

PHCF traded up $0.04 during trading hours on Friday, hitting $2.64. 4,115 shares of the stock were exchanged, compared to its average volume of 2,692. The stock has a 50-day simple moving average of $2.51 and a 200-day simple moving average of $2.73. Puhui Wealth Investment Managemnt has a 12 month low of $1.37 and a 12 month high of $6.30.

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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