Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Update

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 500 shares, a decrease of 99.1% from the December 15th total of 56,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 18,700 shares, the short-interest ratio is currently 0.0 days.

Horizon Space Acquisition I Trading Down 4.0 %

Horizon Space Acquisition I stock traded down $0.48 during midday trading on Tuesday, reaching $11.42. The company had a trading volume of 1,400 shares, compared to its average volume of 467. Horizon Space Acquisition I has a 12-month low of $10.75 and a 12-month high of $11.90. The firm’s fifty day simple moving average is $11.39 and its 200-day simple moving average is $11.24.

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 lifted its stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 23.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 389,400 shares of the company’s stock after purchasing 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. 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.