Horizon Group (OTCMKTS:HGPI – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 722 shares, a growth of 3,510.0% from the August 15th total of 20 shares. Based on an average trading volume of 1,691 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.
Horizon Group Price Performance
OTCMKTS:HGPI opened at $2.50 on Friday. The business has a 50 day simple moving average of $2.18 and a 200-day simple moving average of $2.18. Horizon Group has a 1 year low of $1.00 and a 1 year high of $2.91.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Horizon Group stock. Ameritas Advisory Services LLC bought a new position in shares of Horizon Group (OTCMKTS:HGPI – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 247,649 shares of the company’s stock, valued at approximately $8,205,000. Ameritas Advisory Services LLC owned approximately 2.57% of Horizon Group at the end of the most recent reporting period.
Horizon Group Company Profile
Based in Chicago, Illinois, Horizon Group Properties, Inc has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.
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