PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) Short Interest Update

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 560 shares, a growth of 477.3% from the August 15th total of 97 shares. Based on an average daily volume of 2,230 shares, the short-interest ratio is currently 0.3 days.

PhenixFIN Co. 5.25% Notes due 2028 Price Performance

PFXNZ remained flat at $24.00 during mid-day trading on Friday. 1,062 shares of the company’s stock were exchanged, compared to its average volume of 5,098. The business has a 50-day moving average of $23.95 and a 200 day moving average of $23.90. PhenixFIN Co. 5.25% Notes due 2028 has a 1 year low of $23.35 and a 1 year high of $24.97.

PhenixFIN Co. 5.25% Notes due 2028 Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be issued a dividend of $0.3245 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.30 annualized dividend and a yield of 5.4%.

About PhenixFIN Co. 5.25% Notes due 2028

The PhenixFIN Co 5.25% Notes due 2028 (NASDAQ: PFXNZ) are senior unsecured debt securities issued by PhenixFIN Co, an indirect wholly-owned subsidiary of PhenixFIN Corporation. These fixed-rate notes pay interest semi-annually at a rate of 5.25% and mature on September 6, 2028. They trade on the NASDAQ Capital Market under the ticker PFXNZ, offering investors exposure to the growth of a specialist finance company through a publicly listed bond.

PhenixFIN Corporation is a fintech-driven specialty finance platform that provides receivables financing solutions to small and medium-sized enterprises in the United States.