Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Decreases By 93.3%

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a decrease of 93.3% from the October 15th total of 3,000 shares. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is presently 0.0 days.

Horizon Space Acquisition I Stock Performance

NASDAQ HSPO traded up $0.03 during trading on Wednesday, hitting $11.30. The stock had a trading volume of 2,337 shares, compared to its average volume of 37,090. Horizon Space Acquisition I has a twelve month low of $10.63 and a twelve month high of $11.30. The firm has a 50 day moving average price of $11.22 and a 200 day moving average price of $11.10.

Hedge Funds Weigh In On Horizon Space Acquisition I

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mizuho Securities USA LLC grew its holdings in Horizon Space Acquisition I by 77.9% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock valued at $6,999,000 after purchasing an additional 274,215 shares during the last quarter. Cowen AND Company LLC increased its stake 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 purchasing an additional 4,174 shares in the last quarter. Wolverine Asset Management LLC lifted its stake 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 in the last quarter. Spartan Fund Management Inc. purchased a new position in Horizon Space Acquisition I during the second quarter worth $913,000. Finally, K2 Principal Fund L.P. acquired a new position in shares of Horizon Space Acquisition I in the first quarter worth $816,000. 69.10% of the stock is owned by institutional investors and hedge funds.

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.