Harrow Inc’s recently made public that its 10% Owner Opaleye Management Inc. unloaded Company’s shares for reported $0.14 million on Feb 28 ’25. In the deal valued at $28.05 per share,5,000 shares were sold. As a result of this transaction, Opaleye Management Inc. now holds 150,000 shares worth roughly $4.05 million.
Then, Opaleye Management Inc. sold 20,000 shares, generating $711,814 in total proceeds. Upon selling the shares at $35.59, the 10% Owner now owns 155,000 shares.
Before that, Opaleye Management Inc. bought 20,000 shares. Harrow Inc shares valued at $199,400 were divested by the 10% Owner at a price of $9.97 per share. As a result of the transaction, Opaleye Management Inc. now holds 3,815,000 shares, worth roughly $102.93 million.
H.C. Wainwright initiated its Harrow Inc [HROW] rating to a Buy in a research note published on February 06, 2025; the price target was $57. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it. Craig Hallum began covering HROW with “Buy” recommendation on April 11, 2024.
Price Performance Review of HROW
On Tuesday, Harrow Inc [NASDAQ:HROW] saw its stock jump 15.69% to $26.98. Over the last five days, the stock has gained 17.82%. Harrow Inc shares have fallen nearly -19.58% since the year began. Nevertheless, the stocks have risen 165.03% over the past one year. While a 52-week high of $59.23 was reached on 01/03/25, a 52-week low of $9.30 was recorded on 03/10/25. SMA at 50 days reached $30.17, while 200 days put it at $34.69.
Levels Of Support And Resistance For HROW Stock
The 24-hour chart illustrates a support level at 24.56, which if violated will result in even more drops to 22.14. On the upside, there is a resistance level at 30.57. A further resistance level may holdings at 34.16. The Relative Strength Index (RSI) on the 14-day chart is 50.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.91%. Stochastics %K at 35.83% indicates the stock is a holding.
How much short interest is there in Harrow Inc?
A steep rise in short interest was recorded in Harrow Inc stocks on 2025-02-28, dropping by -0.23 million shares to a total of 2.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.97 million shares. There was a decline of -8.22%, which implies that there is a negative sentiment for the stock.
