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Emerging Markets Horizon Corp. (NASDAQ:HORI) Short Interest Update

kopsource ·  Aug 15, 2022 00:01

Emerging Markets Horizon Corp. (NASDAQ:HORI – Get Rating) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 5,400 shares, a decrease of 16.9% from the July 15th total of 6,500 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 8,900 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Emerging Markets Horizon

Several institutional investors and hedge funds have recently bought and sold shares of HORI. Dakota Wealth Management acquired a new position in Emerging Markets Horizon during the first quarter worth approximately $104,000. Walleye Capital LLC acquired a new position in Emerging Markets Horizon during the second quarter worth approximately $111,000. OTA Financial Group L.P. increased its position in Emerging Markets Horizon by 164.9% during the second quarter. OTA Financial Group L.P. now owns 55,218 shares of the company's stock worth $547,000 after buying an additional 34,374 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Emerging Markets Horizon during the first quarter worth approximately $871,000. Finally, Cohanzick Management LLC acquired a new position in Emerging Markets Horizon during the first quarter worth approximately $986,000.

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Emerging Markets Horizon Stock Performance

HORI remained flat at $9.97 on Friday. Emerging Markets Horizon has a 1 year low of $9.75 and a 1 year high of $10.00. The business's 50 day simple moving average is $9.94.

About Emerging Markets Horizon

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Emerging Markets Horizon Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on identifying technology and consumer-exposed businesses in Central and Eastern Europe, Russia, or the Commonwealth of Independent States.

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