Wolverine Asset Management LLC Cuts Stake in Horizon Space Acquisition I Corp. (NASDAQ:HSPO)

Wolverine Asset Management LLC lessened its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 0.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 531,943 shares of the company’s stock after selling 2,914 shares during the period. Wolverine Asset Management LLC owned about 0.07% of Horizon Space Acquisition I worth $5,961,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. K2 Principal Fund L.P. purchased a new position in Horizon Space Acquisition I in the 1st quarter worth about $816,000. Spartan Fund Management Inc. purchased a new position in shares of Horizon Space Acquisition I during the second quarter valued at approximately $913,000. Finally, Cowen AND Company LLC raised its holdings in shares of Horizon Space Acquisition I by 1.7% during the second quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock valued at $2,787,000 after purchasing an additional 4,174 shares during the last quarter. Institutional investors own 69.10% of the company’s stock.

Horizon Space Acquisition I Stock Performance

Shares of HSPO stock opened at $11.27 on Monday. The firm’s 50 day moving average is $11.22 and its 200 day moving average is $11.10. Horizon Space Acquisition I Corp. has a 12-month low of $10.61 and a 12-month high of $11.28.

Horizon Space Acquisition I 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.