Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Sees Large Decline in Short Interest

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 93.3% from the October 15th total of 3,000 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Horizon Space Acquisition I

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mizuho Securities USA LLC raised its holdings in shares of Horizon Space Acquisition I by 77.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock valued at $6,999,000 after buying an additional 274,215 shares during the period. Spartan Fund Management Inc. acquired a new stake in Horizon Space Acquisition I in the 2nd quarter valued at about $913,000. K2 Principal Fund L.P. purchased a new stake in Horizon Space Acquisition I during the first quarter valued at about $816,000. Wolverine Asset Management LLC grew its holdings in shares of 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 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% during the second quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock worth $2,787,000 after acquiring an additional 4,174 shares in the last quarter. Institutional investors and hedge funds own 69.10% of the company’s stock.

Horizon Space Acquisition I Price Performance

Horizon Space Acquisition I stock traded up $0.03 during trading on Wednesday, reaching $11.30. The company had a trading volume of 2,337 shares, compared to its average volume of 37,090. Horizon Space Acquisition I has a 12-month low of $10.63 and a 12-month high of $11.30. The stock’s 50 day moving average price is $11.22 and its two-hundred day moving average price is $11.10.

Horizon Space Acquisition I Company Profile

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.