Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 56,200 shares, an increase of 11,140.0% from the November 30th total of 500 shares. Based on an average trading volume of 22,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.0% of the company's stock are short sold.
Horizon Space Acquisition I Stock Up 0.8 %
Shares of NASDAQ HSPO traded up $0.09 during mid-day trading on Thursday, hitting $11.45. The company had a trading volume of 199 shares, compared to its average volume of 37,736. Horizon Space Acquisition I has a 1-year low of $10.70 and a 1-year high of $11.70. The business's 50-day simple moving average is $11.31 and its 200 day simple moving average is $11.19.
Hedge Funds Weigh In On Horizon Space Acquisition I
Institutional investors and hedge funds have recently made changes to their positions in the stock. Westchester Capital Management LLC grew its position in shares of 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. Mizuho Securities USA LLC grew its stake in Horizon Space Acquisition I by 77.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company's stock worth $6,999,000 after buying an additional 274,215 shares during the last quarter. Cowen AND Company LLC increased its position in 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 worth $2,787,000 after buying an additional 4,174 shares during the period. Wolverine Asset Management LLC lifted its stake in Horizon Space Acquisition I by 1.1% in the second 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 last quarter. Finally, Spartan Fund Management Inc. purchased a new stake in Horizon Space Acquisition I in the second quarter valued at approximately $913,000. 69.10% of the stock is owned by institutional investors and hedge funds.
Horizon Space Acquisition I Company Profile
(
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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.
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