Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Update

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 2,300 shares, a drop of 14.8% from the September 15th total of 2,700 shares. Based on an average daily volume of 28,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Horizon Space Acquisition I

Large investors have recently added to or reduced their stakes in the stock. Spartan Fund Management Inc. bought a new stake in shares of Horizon Space Acquisition I during the second quarter valued at approximately $913,000. K2 Principal Fund L.P. purchased a new stake in shares of Horizon Space Acquisition I in the 1st quarter worth $816,000. Wolverine Asset Management LLC grew its position in shares of Horizon Space Acquisition I by 1.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock worth $5,910,000 after buying an additional 6,000 shares in the last quarter. Finally, Cowen AND Company LLC raised its holdings in shares of Horizon Space Acquisition I by 1.7% in the second quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock valued at $2,787,000 after acquiring an additional 4,174 shares in the last quarter. 69.10% of the stock is owned by hedge funds and other institutional investors.

Horizon Space Acquisition I Price Performance

NASDAQ HSPO remained flat at $11.20 on Wednesday. 12 shares of the company’s stock traded hands, compared to its average volume of 39,220. Horizon Space Acquisition I has a 52 week low of $10.55 and a 52 week high of $11.25. The business has a 50-day moving average price of $11.18 and a two-hundred day moving average price of $11.06.

About Horizon Space Acquisition I

Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.