Short interest in Phio Pharmaceuticals Corp (NASDAQ:PHIO) increased during the last reporting period, rising from 21.34K to 51.49K. This put 6% of the company's publicly available shares short.

Short interest for Phio Pharma gives investors a sense of the degree to which investors are betting on the decline of Phio Pharma's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 131.99K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.