Horizon Technology Finance (HRZN) Reaches $10.25 Formed H&S; SG Blocks (SGBX) Shorts Raised By 63.16%

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Horizon Technology Finance Corporation (HRZN) formed H&S with $9.74 target or 5.00% below today’s $10.25 share price. Horizon Technology Finance Corporation (HRZN) has $118.12M valuation. The stock increased 0.79% or $0.08 during the last trading session, reaching $10.25. About 45,954 shares traded. Horizon Technology Finance Corporation (NASDAQ:HRZN) has declined 5.12% since April 30, 2017 and is downtrending. It has underperformed by 16.67% the S&P500.

SG Blocks Inc (NASDAQ:SGBX) had an increase of 63.16% in short interest. SGBX’s SI was 18,600 shares in April as released by FINRA. Its up 63.16% from 11,400 shares previously. With 37,200 avg volume, 1 days are for SG Blocks Inc (NASDAQ:SGBX)’s short sellers to cover SGBX’s short positions. The SI to SG Blocks Inc’s float is 0.75%. The stock increased 1.09% or $0.05 during the last trading session, reaching $4.64. About 6,060 shares traded. SG Blocks, Inc. (NASDAQ:SGBX) has 0.00% since April 30, 2017 and is . It has underperformed by 11.55% the S&P500.

SG Blocks, Inc. provides code engineered cargo shipping containers primarily in the United States. The company has market cap of $19.77 million. The firm redesigns, repurposes, and converts heavy-gauge steel cargo shipping containers into green building blocks for commercial, industrial, and residential building construction. It currently has negative earnings. It also provides engineering and project management services related to the use of modified containers in construction.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.25, from 1 in 2017Q3. It is positive, as 4 investors sold Horizon Technology Finance Corporation shares while 8 reduced holdings. 9 funds opened positions while 6 raised stakes. 1.48 million shares or 2.55% less from 1.52 million shares in 2017Q3 were reported. Manufacturers Life Insurance The reported 0% of its portfolio in Horizon Technology Finance Corporation (NASDAQ:HRZN). Guggenheim Cap Ltd Liability Corp owns 197,291 shares. Hudock Ltd Liability Company stated it has 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Axa holds 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN) or 20,003 shares. Millennium Mgmt Lc stated it has 26,744 shares. Royal Comml Bank Of Canada reported 21,369 shares. Moreover, Citigroup has 0% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN). Barclays Plc reported 0% stake. Horizon Ltd Liability accumulated 10,732 shares or 0.02% of the stock. Macquarie Gru Limited stated it has 27,586 shares. Wells Fargo And Co Mn, a California-based fund reported 35,230 shares. California Employees Retirement reported 19,300 shares. Hillsdale Invest Mngmt Inc reported 0.18% stake. Founders Fincl Securities Limited Co has 0.04% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 10,472 shares. Asset Management has 0.06% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 310,191 shares.

Analysts await Horizon Technology Finance Corporation (NASDAQ:HRZN) to report earnings on May, 1. They expect $0.29 EPS, 0.00% or $0.00 from last year’s $0.29 per share. HRZN’s profit will be $3.34M for 8.84 P/E if the $0.29 EPS becomes a reality. After $0.21 actual EPS reported by Horizon Technology Finance Corporation for the previous quarter, Wall Street now forecasts 38.10% EPS growth.

Among 7 analysts covering Horizon Technology Finance (NASDAQ:HRZN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Horizon Technology Finance has $14 highest and $11.0 lowest target. $12.38’s average target is 20.78% above currents $10.25 stock price. Horizon Technology Finance had 17 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, November 10 the stock rating was upgraded by Raymond James to “Outperform”. The firm earned “Mkt Perform” rating on Wednesday, January 27 by Raymond James. The stock of Horizon Technology Finance Corporation (NASDAQ:HRZN) has “Hold” rating given on Thursday, August 3 by Oppenheimer. As per Monday, August 21, the company rating was upgraded by Compass Point. Keefe Bruyette & Woods maintained it with “Hold” rating and $1100 target in Wednesday, May 31 report. Oppenheimer upgraded Horizon Technology Finance Corporation (NASDAQ:HRZN) on Thursday, March 10 to “Outperform” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Sunday, October 22. Raymond James upgraded the shares of HRZN in report on Thursday, November 2 to “Market Perform” rating. The rating was downgraded by Raymond James on Thursday, August 3 to “Underperform”. Maxim Group maintained Horizon Technology Finance Corporation (NASDAQ:HRZN) on Wednesday, August 23 with “Buy” rating.

Horizon Technology Finance Corporation (NASDAQ:HRZN) Institutional Positions Chart