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

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

NASDAQ:PHCF traded up $0.06 during trading hours on Friday, reaching $2.76. 7,500 shares of the company’s stock were exchanged, compared to its average volume of 8,124. The firm’s 50-day moving average is $2.80. Puhui Wealth Investment Managemnt has a 1-year low of $2.30 and a 1-year high of $6.30.

About Puhui Wealth Investment Managemnt

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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