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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, an increase of 200.0% from the October 31st total of 200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 19,300 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Horizon Space Acquisition I

Hedge funds have recently modified their holdings of the business. Cowen AND Company LLC raised its position in Horizon Space Acquisition I by 1.7% during the 2nd quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock worth $2,787,000 after purchasing an additional 4,174 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of 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 valued at $5,910,000 after buying an additional 6,000 shares during the period. Westchester Capital Management LLC raised its position in shares of Horizon Space Acquisition I by 23.9% during the third quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock worth $4,361,000 after acquiring an additional 75,000 shares during the last quarter. Spartan Fund Management Inc. acquired a new position in shares of Horizon Space Acquisition I in the second quarter worth approximately $913,000. Finally, Mizuho Securities USA LLC boosted its holdings in Horizon Space Acquisition I by 77.9% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock valued at $6,999,000 after acquiring an additional 274,215 shares during the last quarter. Institutional investors and hedge funds own 69.10% of the company’s stock.

Horizon Space Acquisition I Trading Up 0.1 %

HSPO traded up $0.01 during trading on Friday, reaching $11.33. 50 shares of the company’s stock were exchanged, compared to its average volume of 10,438. Horizon Space Acquisition I has a one year low of $10.64 and a one year high of $11.32. The firm has a fifty day moving average price of $11.25 and a two-hundred day moving average price of $11.14.

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.