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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 3,000 shares, a growth of 30.4% from the September 30th total of 2,300 shares. Based on an average daily trading volume, of 17,800 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Horizon Space Acquisition I

Several large investors have recently bought and sold shares of the business. K2 Principal Fund L.P. bought a new stake in shares of Horizon Space Acquisition I in the 1st quarter worth about $816,000. Spartan Fund Management Inc. bought a new stake in Horizon Space Acquisition I during the second quarter worth approximately $913,000. Cowen AND Company LLC raised its position in Horizon Space Acquisition I by 1.7% during the second quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock valued at $2,787,000 after purchasing an additional 4,174 shares during the period. Finally, Wolverine Asset Management LLC raised its position in Horizon Space Acquisition I by 1.1% during the second quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock valued at $5,910,000 after purchasing an additional 6,000 shares during the period. Institutional investors own 69.10% of the company’s stock.

Horizon Space Acquisition I Stock Performance

NASDAQ HSPO opened at $11.25 on Wednesday. Horizon Space Acquisition I has a 1-year low of $10.60 and a 1-year high of $11.25. The business has a 50 day simple moving average of $11.20 and a two-hundred day simple moving average of $11.08.

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.