PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) Trading Up 0.4% – Time to Buy?

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) traded up 0.4% during trading on Wednesday . The stock traded as high as $24.10 and last traded at $24.10. Approximately 2,152 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 2,252 shares. The stock had previously closed at $24.01.

PhenixFIN Co. 5.25% Notes due 2028 Stock Performance

The stock has a 50 day moving average of $23.76 and a 200-day moving average of $23.66.

PhenixFIN Co. 5.25% Notes due 2028 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th will be given a $0.3281 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Wednesday, April 15th.

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.