Phoenix Biotech Acquisition Corp. ( NASDAQ:PBAXW – Get Rating ) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 3,500 shares, a growth of 20.7% from the May 15th total of 2,900 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is currently 0.7 days. Phoenix Biotech Acquisition Stock Performance PBAXW stock remained flat at $0.07 during midday trading on Friday. The company had a trading volume of 1,000 shares, compared to its average volume of 16,956.

https://www.dailypolitical.com/2023/06/17/short-interest-in-phoenix-biotech-acquisition-corp-nasdaqpbaxw-expands-by-20-7.html

#dailypolitical