What is PHIO's dilution risk score?

PHIO has a latest available DilutionScore record of 45/100, categorized as medium dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for PHIO, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for PHIO?

DilutionWatch tracks 25 SEC filing types for PHIO including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect PHIO shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For PHIO, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for PHIO tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for PHIO. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

PHIO Dilution Risk Score: 45/100 (MEDIUM)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 39%

📜 Warrant Exercise model 60%

• Massive warrant overhang: 115% of shares outstanding

• Warrant risk score very high (90/100)

🔄 Reverse Split model est. 30%

• 50-day avg $1.19 approaching $1 threshold

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Market Data

Market Cap$10.71M

Shares Outstanding11.62M

Float11.55M

Cash$21.00M

DebtN/A

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	45/100	DilutionWatch score record
Shares Outstanding	11.62M	Verified float table or market cache
Public Float	11.55M	Verified float table or market cache
Market Cap	$10.71M	Market data cache
Cash Runway	25.2 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	13.39M	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 2.

Recent SEC source mix: XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 108.2% shares (2026Q1 vs prior)

25 institutional holders · 760.6K shares

#1 VANGUARD CAPITAL MANAGEMENT LLC 159.7K shares

#2 GEODE CAPITAL MANAGEMENT, LLC 147.3K shares

#3 JANE STREET GROUP, LLC 119.2K shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest89.5K

Days to Cover1.0

% of Float0.8%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-06

xbrl XBRL CONVERTIBLE 2023-03-22

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual PHIO Dilution Snapshot

Phio Pharmaceuticals Corp. (PHIO) has a DilutionScore of 45/100, rated Medium dilution risk. Score date: October 13, 2026.

Stored outstanding warrants: 13.4M.
Recent SEC activity tracked for PHIO: xbrl on 2026-08-06; xbrl on 2023-03-22.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

PHIO's DilutionScore is currently 45/100 (Medium risk), with 5 score changes tracked over 89 days. The score improved from 35/100 (Medium risk).

Period	Score	Risk Level	Duration
Sep 28 – Oct 13, 2026	45/100	MEDIUM	16 days
Sep 17 – Sep 27, 2026	35/100	MEDIUM	11 days
Aug 22 – Sep 16, 2026	36/100	MEDIUM	26 days
Aug 14 – Aug 21, 2026	51/100	HIGH	7 days
Jul 17 – Aug 13, 2026	47/100	MEDIUM	28 days
Jul 16, 2026	48/100	MEDIUM	1 day

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Track PHIO Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment PHIO files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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