Ladenburg Thalmann Reports Initiation of Whitehorse Finance (NDAQ:WHF); PROPHECY DEVELOPMENT CORPORATION (PRPCF) Shorts Raised By 200%

December 19, 2017 - By Clifton Ray

The stock decreased 2.60% or $0.37 during the last trading session, reaching $13.87. About 59,566 shares traded or 12.77% up from the average. WhiteHorse Finance, Inc. (NDAQ:WHF) has risen 42.42% since December 19, 2016 and is uptrending. It has outperformed by 25.72% the S&P500.

PROPHECY DEVELOPMENT CORPORATION (OTCMKTS:PRPCF) had an increase of 200% in short interest. PRPCF’s SI was 300 shares in December as released by FINRA. Its up 200% from 100 shares previously. With 2,600 avg volume, 0 days are for PROPHECY DEVELOPMENT CORPORATION (OTCMKTS:PRPCF)’s short sellers to cover PRPCF’s short positions. It closed at $3.332 lastly. It is down 0.00% since December 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Prophecy Development Corp. engages in the exploration and development of mining properties and energy projects in Canada, Mongolia, and Bolivia. The company has market cap of $20.68 million. The firm primarily explores for coal, silver, lead, and zinc deposits. It currently has negative earnings. The Company’s principal properties comprise the Ulaan Ovoo Property covering an area of approximately 790 hectares located in Selenge province, Northern Mongolia; the Khavtgai Uul coal property that covers an area of approximately 1,636 hectares located in the southwest portion of the Nyalga coal basin, Mongolia; the Chandgana Tal property located in the northeast portion of the Nyalga coal basin, Mongolia; and the Pulacayo project consisting of various licenses located in south western Bolivia.

Investors sentiment decreased to 1.82 in Q2 2017. Its down 0.85, from 2.67 in 2017Q1. It is negative, as 2 investors sold WhiteHorse Finance, Inc. shares while 4 reduced holdings. 10 funds opened positions while 6 raised stakes. 1.78 million shares or 9.21% more from 1.63 million shares in 2017Q1 were reported. Ajo L P holds 0% of its portfolio in WhiteHorse Finance, Inc. (NASDAQ:WHF) for 16,172 shares. Manufacturers Life Insur The accumulated 557 shares or 0% of the stock. Asset Management Incorporated has 0.16% invested in WhiteHorse Finance, Inc. (NASDAQ:WHF) for 712,361 shares. Panagora Asset Management holds 0% in WhiteHorse Finance, Inc. (NASDAQ:WHF) or 305 shares. Ativo Capital Mngmt Lc owns 82,021 shares. Blackrock invested in 44,541 shares. National Bank & Trust Of Montreal Can stated it has 6,000 shares or 0% of all its holdings. Raymond James & Associate has invested 0% in WhiteHorse Finance, Inc. (NASDAQ:WHF). Citigroup owns 311 shares or 0% of their US portfolio. Tower Cap Ltd Co (Trc) invested in 904 shares. Buckhead Mgmt Ltd Liability stated it has 17,025 shares or 0.04% of all its holdings. The Massachusetts-based Baystate Wealth Management Ltd Liability has invested 0% in WhiteHorse Finance, Inc. (NASDAQ:WHF). Morgan Stanley has 161,841 shares for 0% of their portfolio. Goldman Sachs Gru Inc invested 0% of its portfolio in WhiteHorse Finance, Inc. (NASDAQ:WHF). The Illinois-based Nuveen Asset Mgmt Ltd has invested 0% in WhiteHorse Finance, Inc. (NASDAQ:WHF).

Analysts await WhiteHorse Finance, Inc. (NASDAQ:WHF) to report earnings on March, 1. They expect $0.33 EPS, down 5.71% or $0.02 from last year’s $0.35 per share. WHF’s profit will be $6.78M for 10.51 P/E if the $0.33 EPS becomes a reality. After $0.30 actual EPS reported by WhiteHorse Finance, Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.