Population Health Investment Co., Inc. (NASDAQ:PHIC) sees sharp drop in short-term interest
Population Health Investment Co., Inc. (NASDAQ:PHIC – Get a rating) was the target of a significant decline in short interest during the month of April. As of April 30, there was short interest totaling 5,200 shares, down 24.6% from the April 15 total of 6,900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 36,400 shares, the short interest ratio is currently 0.1 day.
Several hedge funds have recently bought and sold shares of PHIC. Arena Investors LP purchased a new stake in Population Health Investment in Q1 worth approximately $47,000. Dark Forest Capital Management LP bought a new stake in shares of Population Health Investment in the third quarter worth approximately $112,000. Kohlberg Kravis Roberts & Co. LP bought a new stake in shares of Population Health Investment during Q4, valued at approximately $132,000. Geode Capital Management LLC increased its holdings in Population Health Investment by 8.6% in the 4th quarter. Geode Capital Management LLC now owns 14,087 shares of the company worth $138,000 after purchasing an additional 1,115 shares during the period. Finally, Cohanzick Management LLC increased its stake in Population Health Investment by 779.1% in the 1st quarter. Cohanzick Management LLC now owns 18,901 shares of the company valued at $186,000 after purchasing an additional 16,751 shares last quarter. Institutional investors hold 65.80% of the company’s shares.
NASDAQ:PHIC traded at $0.01 during Monday trading hours, hitting $9.86. The stock recorded a trading volume of 1,855 shares, compared to an average volume of 36,189 shares. The stock has a 50-day simple moving average of $9.85 and a 200-day simple moving average of $9.82. The population health investment has a 12-month minimum of $9.66 and a 12-month maximum of $9.97.
Population Health Investment Company Profile (Get a rating)
Population Health Investment Co, Inc has no significant activities. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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