Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Up 450.0% in January

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 2,200 shares, a growth of 450.0% from the January 15th total of 400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Westchester Capital Management LLC grew its holdings in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 23.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 389,400 shares of the company’s stock after acquiring an additional 75,000 shares during the period. Westchester Capital Management LLC owned 4.97% of Horizon Space Acquisition I worth $4,361,000 as of its most recent SEC filing. Institutional investors own 69.10% of the company’s stock.

Horizon Space Acquisition I Price Performance

NASDAQ:HSPO traded down $0.19 during trading hours on Wednesday, hitting $11.70. 110 shares of the stock traded hands, compared to its average volume of 3,641. The firm has a 50 day moving average price of $11.57 and a 200 day moving average price of $11.34. Horizon Space Acquisition I has a fifty-two week low of $10.80 and a fifty-two week high of $12.41.

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.