Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Up 450.0% in January

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 2,200 shares, an increase of 450.0% from the January 15th total of 400 shares. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Horizon Space Acquisition I Stock Down 1.6 %

Shares of NASDAQ:HSPO opened at $11.70 on Thursday. The stock’s fifty day moving average price is $11.57 and its 200-day moving average price is $11.34. Horizon Space Acquisition I has a 1 year low of $10.80 and a 1 year high of $12.41.

Hedge Funds Weigh In On Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Mizuho Securities USA LLC boosted its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 77.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 626,071 shares of the company’s stock after purchasing an additional 274,215 shares during the quarter. Mizuho Securities USA LLC owned approximately 8.00% of Horizon Space Acquisition I worth $6,999,000 at the end of the most recent reporting period. 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.