Phoenix Group Holdings plc (OTCMKTS:PNXGF) Sees Large Drop in Short Interest

Phoenix Group Holdings plc (OTCMKTS:PNXGF) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 1,433,000 shares, a decrease of 17.2% from the March 31st total of 1,730,300 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 2,866.0 days.

Phoenix Group Price Performance

OTCMKTS:PNXGF opened at $8.20 on Friday. The business’s 50-day simple moving average is $6.99 and its two-hundred day simple moving average is $6.64. Phoenix Group has a 52 week low of $5.89 and a 52 week high of $8.20.

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.