Horizon Group Properties, Inc. (OTCMKTS:HGPI) Sees Large Increase in Short Interest

Horizon Group Properties, Inc. (OTCMKTS:HGPI) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 300 shares, a growth of 50.0% from the May 15th total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Horizon Group Properties Price Performance

OTCMKTS HGPI remained flat at $2.00 during trading hours on Friday. Horizon Group Properties has a one year low of $1.15 and a one year high of $2.55. The firm has a fifty day moving average of $1.89 and a 200 day moving average of $1.80.

Horizon Group Properties 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.