Short Interest in Phoenix Group Holdings plc (OTCMKTS:PNXGF) Declines By 28.8%

Phoenix Group Holdings plc (OTCMKTS:PNXGF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 2,174,500 shares, a decrease of 28.8% from the June 15th total of 3,055,300 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 1,812.1 days.

Phoenix Group Price Performance

PNXGF stock remained flat at $6.61 during mid-day trading on Monday. Phoenix Group has a 52-week low of $5.42 and a 52-week high of $7.15. The business has a fifty day simple moving average of $6.42 and a 200-day simple moving average of $6.48.

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.