Hg Holdings, Inc. (OTCMKTS:STLY) Stock Short Interest Drops 62.9%

Hg Holdings, Inc. (OTCMKTS:STLY) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 59 shares, a decrease of 62.9% from the August 31st total of 159 shares. Based on an average trading volume of 884 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

HG Stock Performance

HG stock opened at $3.50 on Friday. HG has a 12-month low of $2.91 and a 12-month high of $5.95. The firm has a 50-day moving average price of $3.73 and a 200-day moving average price of $4.09. The firm has a market capitalization of $17.68 million, a PE ratio of 9.72 and a beta of 0.16.

HG (OTCMKTS:STLY) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.17 EPS for the quarter. The company had revenue of $4.45 million for the quarter. HG had a net margin of 14.15% and a return on equity of 5.46%.

About HG

HG Holdings, Inc (OTCMKTS: STLY) is a diversified holding company based in the United States. The company was formerly known as Stanley Furniture Company, Inc, reflecting its historical involvement in the residential furniture industry.

HG Holdings has transitioned away from its former furniture operations and focuses primarily on insurance-related activities. Through its insurance businesses, the company provides property and casualty insurance brokerage, employee benefits, personal insurance and risk-management services to commercial and individual clients.

The company also has interests in real estate and other corporate activities.