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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,000 shares, an increase of 30.4% from the September 30th total of 2,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 17,800 shares, the short-interest ratio is presently 0.2 days.

Horizon Space Acquisition I Price Performance

HSPO opened at $11.25 on Wednesday. The stock’s 50 day moving average price is $11.20 and its 200-day moving average price is $11.08. Horizon Space Acquisition I has a one year low of $10.60 and a one year high of $11.25.

Hedge Funds Weigh In On Horizon Space Acquisition I

Several 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 during the first quarter valued at $816,000. Spartan Fund Management Inc. bought a new stake in Horizon Space Acquisition I during the 2nd quarter valued at about $913,000. Cowen AND Company LLC lifted its holdings 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 valued at $2,787,000 after buying an additional 4,174 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in Horizon Space Acquisition I by 1.1% in the 2nd 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. 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.