Harrow Inc’s recent filing unveils that its 10% Owner Opaleye Management Inc. unloaded Company’s shares for reported $0.15 million on Mar 18 ’25. In the deal valued at $30.01 per share,5,000 shares were sold. As a result of this transaction, Opaleye Management Inc. now holds 140,000 shares worth roughly $3.11 million.
Then, Opaleye Management Inc. sold 5,000 shares, generating $148,200 in total proceeds. Upon selling the shares at $29.64, the 10% Owner now owns 145,000 shares.
Before that, Opaleye Management Inc. sold 5,000 shares. Harrow Inc shares valued at $140,250 were divested by the 10% Owner at a price of $28.05 per share. As a result of the transaction, Opaleye Management Inc. now holds 150,000 shares, worth roughly $3.33 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 fall -3.85% to $22.20. Over the last five days, the stock has lost -11.13%. Harrow Inc shares have fallen nearly -33.83% since the year began. Nevertheless, the stocks have risen 64.32% over the past one year. While a 52-week high of $59.23 was reached on 01/03/25, a 52-week low of $9.86 was recorded on 03/10/25. SMA at 50 days reached $27.63, while 200 days put it at $35.32.
Levels Of Support And Resistance For HROW Stock
The 24-hour chart illustrates a support level at 20.81, which if violated will result in even more drops to 19.41. On the upside, there is a resistance level at 24.52. A further resistance level may holdings at 26.83. The Relative Strength Index (RSI) on the 14-day chart is 34.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.82%. Stochastics %K at 11.70% indicates the stock is a buying.
How much short interest is there in Harrow Inc?
A steep rise in short interest was recorded in Harrow Inc stocks on 2025-03-14, growing by 0.19 million shares to a total of 2.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.73 million shares. There was a rise of 6.61%, which implies that there is a positive sentiment for the stock.
