Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Down 14.8% in September

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 2,300 shares, a decrease of 14.8% from the September 15th total of 2,700 shares. Based on an average trading volume of 28,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Horizon Space Acquisition I Price Performance

Shares of NASDAQ:HSPO remained flat at $11.20 during trading on Wednesday. The stock had a trading volume of 12 shares, compared to its average volume of 39,220. Horizon Space Acquisition I has a 52-week low of $10.55 and a 52-week high of $11.25. The stock has a fifty day simple moving average of $11.18 and a 200-day simple moving average of $11.06.

Hedge Funds Weigh In On Horizon Space Acquisition I

A number of hedge funds have recently bought and sold shares of HSPO. K2 Principal Fund L.P. purchased a new stake in shares of Horizon Space Acquisition I in the first quarter valued at approximately $816,000. Spartan Fund Management Inc. acquired a new stake in Horizon Space Acquisition I in the 2nd quarter valued at $913,000. Cowen AND Company LLC increased its holdings in Horizon Space Acquisition I by 1.7% in the 2nd 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. 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 worth $5,910,000 after acquiring an additional 6,000 shares during the period. Hedge funds and other institutional investors own 69.10% of the company’s stock.

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.