Trading volume for Horizon Technology Finance Corp was 0 by the end of trading on Tuesday. Overall, volume was down 100.00% under the stocks normal daily volume.
Investors are more bullish on the company lately if you take a look at the change in short interest. The company had a fall in short interest of -52.56% as of September 29, 2017 from the last reporting period. Short shares fell from 2,989 to 1,418 over that period. Days to cover decreased from 4.0 to 0.0 and the percentage of shorted shares is 0.00% as of September 29.
In the market the company is trading up from yesterday’s close of $25.18. Shares of the company are trading at $25.18 which is just under the 50 day moving average of $25.26 and which is marginally lower than the 200 day moving average of $25.47. The 50 day moving average went down $-0.08 or -0.319% whereas the 200 day average was down by -1.153%.
The company’s P/E ratio is 21.990 and market capitalization is 30.21M.
Horizon Technology Finance Corporation, launched on March 16, 2010, is an externally managed, closed-end, non-diversified management investment company. The Business’s investment objective is to maximize investment portfolio’s total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Company operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Company is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries..