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Horizon Space Acquisition I (NASDAQ:HSPO) Trading Up 3.4% - Still a Buy?

Horizon Space Acquisition I logo with Unclassified background

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report)'s stock price shot up 3.4% on Tuesday . The stock traded as high as $11.75 and last traded at $11.75. 16 shares traded hands during trading, a decline of 100% from the average session volume of 37,977 shares. The stock had previously closed at $11.36.

Horizon Space Acquisition I Price Performance

The company has a 50 day moving average of $11.31 and a 200-day moving average of $11.19.

Institutional Trading of Horizon Space Acquisition I

A number of institutional investors have recently bought and sold shares of HSPO. Cowen AND Company LLC lifted its position 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 valued at $2,787,000 after acquiring an additional 4,174 shares during the period. Spartan Fund Management Inc. bought a new stake in Horizon Space Acquisition I during the second quarter worth about $913,000. Wolverine Asset Management LLC grew its stake in Horizon Space Acquisition I by 1.1% during the second quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company's stock worth $5,910,000 after buying an additional 6,000 shares in the last quarter. Westchester Capital Management LLC increased its holdings 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 period. Finally, Mizuho Securities USA LLC raised its position in shares of Horizon Space Acquisition I by 77.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company's stock valued at $6,999,000 after buying an additional 274,215 shares in the last quarter. Institutional investors own 69.10% of the company's stock.

About Horizon Space Acquisition I

(Get Free Report)

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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