Horizon Group (OTCMKTS:HGPI – Get Free Report) was the target of a significant 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 8 shares, the short-interest ratio is currently 2.5 days.
Institutional Trading of Horizon Group
An institutional investor recently bought a new position in Horizon Group stock. Ameritas Advisory Services LLC bought a new stake in shares of Horizon Group (OTCMKTS:HGPI – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.
Horizon Group Price Performance
Horizon Group stock opened at $2.50 on Tuesday. Horizon Group has a twelve month low of $1.00 and a twelve month high of $2.91. The firm has a 50 day moving average price of $2.15 and a 200-day moving average price of $2.16.
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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