Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Expands By 200.0%

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of 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 stock are short sold. Based on an average daily trading volume, of 19,300 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Horizon Space Acquisition I

Several hedge funds have recently bought and sold shares of the company. Spartan Fund Management Inc. acquired a new stake in Horizon Space Acquisition I during the 2nd quarter valued at $913,000. Cowen AND Company LLC boosted its holdings in shares of 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 buying an additional 4,174 shares during the period. Westchester Capital Management LLC grew its stake in Horizon Space Acquisition I by 23.9% in the 3rd quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock valued at $4,361,000 after buying an additional 75,000 shares during the last quarter. Wolverine Asset Management LLC raised its holdings 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 acquiring an additional 6,000 shares during the period. Finally, Mizuho Securities USA LLC lifted its position in Horizon Space Acquisition I by 77.9% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock worth $6,999,000 after acquiring an additional 274,215 shares during the last quarter. 69.10% of the stock is currently owned by institutional investors and hedge funds.

Horizon Space Acquisition I Price Performance

HSPO stock remained flat at $11.32 during trading hours on Wednesday. 494 shares of the company’s stock were exchanged, compared to its average volume of 36,594. The company’s fifty day moving average is $11.24 and its 200-day moving average is $11.13. Horizon Space Acquisition I has a 12-month low of $10.64 and a 12-month high of $11.32.

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.