Horizon Technology Finance Corporation (NASDAQ: HRZN) saw a decrease in the market cap on Wednesday as its shares dropped 1.18 % or 0.14 points. After the session commenced at $11.93, the stock reached the higher end at $11.93 while it hit a low of $11.69. With the volume soaring to 60,408 shares, the last trade was called at $11.72. The business has a 52-week high of $14.59. The business has a market cap of $136 million and there are 11,644,940 shares in impressive. The 52-week low of the share cost is $9.04.
Horizon Technology Financing Corporation is a closed-end, non-diversified management investment company. The Companys investment goal is to generate existing income from the loans it makes and capital appreciation from the warrants it gets when making such loans. It makes secured loans (venture loans) to companies backed by established venturefinancial backing and private equity companies in its target industries (endeavor loaning). Horizon Innovation Finance Management LLC is the advisor of the Company. In December 2013, the Business revealed in connection with the sale of significantly all of the assets of ACT Biotech, Inc, the Business has effectively settled its investment in ACT Biotech, Inc.