Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Up 11,140.0% in December

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 56,200 shares, an increase of 11,140.0% from the November 30th total of 500 shares. Based on an average daily volume of 22,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Horizon Space Acquisition I

A number of hedge funds have recently bought and sold shares of the company. Spartan Fund Management Inc. bought a new stake in Horizon Space Acquisition I in the second quarter worth approximately $913,000. Wolverine Asset Management LLC boosted its position in shares of Horizon Space Acquisition I by 1.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock worth $5,910,000 after purchasing an additional 6,000 shares in the last quarter. Cowen AND Company LLC grew its stake in shares of 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 valued at $2,787,000 after buying an additional 4,174 shares during the period. Mizuho Securities USA LLC increased its position in Horizon Space Acquisition I by 77.9% in the 3rd 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 in the last quarter. Finally, Westchester Capital Management LLC raised its stake in Horizon Space Acquisition I by 23.9% during the 3rd quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock worth $4,361,000 after buying an additional 75,000 shares during the period. Institutional investors own 69.10% of the company’s stock.

Horizon Space Acquisition I Price Performance

HSPO stock remained flat at $11.36 during trading on Thursday. The company had a trading volume of 16 shares, compared to its average volume of 37,977. Horizon Space Acquisition I has a 1-year low of $10.69 and a 1-year high of $11.70. The stock has a 50 day moving average price of $11.31 and a 200-day moving average price of $11.19.

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.