Horizon Space Acquisition I (NASDAQ:HSPO) Trading Up 0.1% – Should You Buy?

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) traded up 0.1% during trading on Thursday . The stock traded as high as $11.78 and last traded at $11.79. 463 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 24,780 shares. The stock had previously closed at $11.78.

Horizon Space Acquisition I Stock Performance

The business has a 50-day simple moving average of $11.70 and a two-hundred day simple moving average of $11.44.

Institutional Investors Weigh In On Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Berkley W R Corp raised its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 71.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 205,129 shares of the company’s stock after acquiring an additional 85,813 shares during the quarter. Berkley W R Corp owned approximately 2.62% of Horizon Space Acquisition I worth $2,338,000 at the end of the most recent reporting period. Institutional investors own 69.10% of the company’s stock.

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.