Horizon Group (OTCMKTS:HGPI – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 20 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 8 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.0% of the shares of the company are sold short.
Horizon Group Stock Performance
Horizon Group stock remained flat at $2.50 on Monday. The stock has a fifty day moving average of $2.14 and a two-hundred day moving average of $2.16. Horizon Group has a twelve month low of $1.00 and a twelve month high of $2.91.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Horizon Group stock. Ameritas Advisory Services LLC acquired a new position in Horizon Group (OTCMKTS:HGPI – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 247,649 shares of the company’s stock, valued at approximately $8,205,000. Ameritas Advisory Services LLC owned 2.57% of Horizon Group as of its most recent SEC filing.
About Horizon Group
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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