Short ratio of Horizon Bancorp (IN)
Short ratio is calculated by dividing the number of shares sold short by the average daily trading volume, generally over the last 30 trading days. The ratio represents the number of days it takes short sellers on average to repurchase all the borrowed shares. The ratio is used by both fundamental and technical traders to identify trends.
The percentage represents the number of days it takes short sellers on average to repurchase all the borrowed shares. Short selling is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them. In the event of an interim price decline, the short seller profits, since the cost of (re)purchase is less than the proceeds received upon the initial (short) sale. Conversely, the short position closes out at a loss if the price of a shorted instrument rises prior to repurchase. A high short ratio can be an indicator that there will be some buying pressure on the security that would increase its price.
Horizon Bancorp operates as the bank holding company for Horizon Bank, N.A. that provides commercial and retail banking services. The company offers non-interest bearing and interest-bearing demand deposits, savings accounts, money market deposits, and time deposits. Its loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; real estate, mortgage warehouse, and consumer loans. The company also provides corporate and individual trust and agency services, and investment management services; and sells various insurance products, as well as offers real estate investment trust services. It operates through a network of 56 full service offices in Northern and Central Indiana, and Southwestern and Central Michigan. Horizon Bancorp was founded in 1873 and is headquartered in Michigan City, Indiana.
|CPLA Capella Education Company||NASDAQ > Consumer Services > Other Consumer Services||2018-01-18|
|DLNG Dynagas LNG Partners LP||NYSE > Consumer Services > Marine Transportation||2018-01-18|
|DOC Physicians Realty Trust||NYSE > Consumer Services > Real Estate Investment Trusts||2018-01-18|
|BANR Banner Corporation||NASDAQ > Finance > Major Banks||2018-01-18|
|HIFR InfraREIT, Inc.||NYSE > Consumer Services > Real Estate Investment Trusts||2018-01-18|
|IMKTA Ingles Markets, Incorporated||NASDAQ > Consumer Services > Food Chains||2018-01-18|
|HBNC Horizon Bancorp (IN)||NASDAQ > Finance > Major Banks||2018-01-19|
|SLRC Solar Capital Ltd.||NASDAQ||2018-04-03|
|BRG Bluerock Residential Growth REIT, Inc.||NYSEMKT > Consumer Services > Real Estate Investment Trusts||2018-04-05|
|WHLR Wheeler Real Estate Investment Trust, Inc.||NASDAQ > Consumer Services > Real Estate Investment Trusts||2018-04-15|
|BBBY Bed Bath & Beyond Inc.||NASDAQ > Consumer Services > Home Furnishings||2018-04-17|
|NTP Nam Tai Property Inc.||NYSE > Finance > Real Estate||2018-04-20|
|BDXA Becton, Dickinson and Company||NYSE > Health Care > Medical/Dental Instruments||2018-05-01|