Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) Short Interest Down 50.0% in August

Puhui Wealth Investment Managemnt Co Ltd (NASDAQ:PHCF) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, a drop of 50.0% from the July 31st total of 800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 0.1 days.

Shares of NASDAQ:PHCF traded up $0.02 during midday trading on Friday, hitting $2.66. The company had a trading volume of 4,100 shares, compared to its average volume of 10,150. Puhui Wealth Investment Managemnt has a 12 month low of $2.08 and a 12 month high of $6.30. The firm has a fifty day simple moving average of $2.53 and a 200 day simple moving average of $2.91.

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.

Further Reading: Overbought

Receive News & Ratings for Puhui Wealth Investment Managemnt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Puhui Wealth Investment Managemnt and related companies with MarketBeat.com's FREE daily email newsletter.