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 significant decrease in short interest in August. As of August 14th, there was short interest totaling 97 shares, a decrease of 95.1% from the July 30th total of 1,966 shares. Based on an average trading volume of 1,658 shares, the short-interest ratio is currently 0.1 days.

PhenixFIN Co. 5.25% Notes due 2028 Price Performance

Shares of PhenixFIN Co. 5.25% Notes due 2028 stock traded up $0.00 during trading hours on Tuesday, reaching $23.97. The company had a trading volume of 742 shares, compared to its average volume of 5,289. PhenixFIN Co. 5.25% Notes due 2028 has a one year low of $23.35 and a one year high of $24.20. The business has a fifty day simple moving average of $23.93 and a 200 day simple moving average of $23.89.

PhenixFIN Co. 5.25% Notes due 2028 Cuts Dividend

The business also recently disclosed 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 of this dividend is Thursday, October 15th. This represents a $1.30 dividend on an annualized basis 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.