Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Decreases By 93.3%

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

Hedge Funds Weigh In On Horizon Space Acquisition I

A number of large investors have recently bought and sold shares of HSPO. Mizuho Securities USA LLC increased its stake in shares of Horizon Space Acquisition I by 77.9% during the third 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. Wolverine Asset Management LLC increased its position in Horizon Space Acquisition I by 1.1% in the second 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. Cowen AND Company LLC increased its position in 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 worth $2,787,000 after buying an additional 4,174 shares in the last quarter. Spartan Fund Management Inc. bought a new position in shares of Horizon Space Acquisition I in the second quarter worth about $913,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Horizon Space Acquisition I in the first quarter worth about $816,000. 69.10% of the stock is owned by hedge funds and other institutional investors.

Horizon Space Acquisition I Stock Performance

Shares of NASDAQ HSPO remained flat at $11.27 during trading hours on Tuesday. The company had a trading volume of 3,904 shares, compared to its average volume of 37,346. Horizon Space Acquisition I has a 52 week low of $10.63 and a 52 week high of $11.28. The business’s 50-day moving average is $11.22 and its 200-day moving average 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.