Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,000 shares, an increase of 30.4% from the September 30th total of 2,300 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.
Institutional Trading of Horizon Space Acquisition I
A number of institutional investors have recently modified their holdings of the business. Cowen AND Company LLC raised 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 buying an additional 4,174 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in Horizon Space Acquisition I by 1.1% during 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 during the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of Horizon Space Acquisition I during the first quarter valued at $816,000. Finally, Spartan Fund Management Inc. purchased a new stake in shares of Horizon Space Acquisition I during the second quarter worth about $913,000. 69.10% of the stock is currently owned by hedge funds and other institutional investors.
Horizon Space Acquisition I Price Performance
Shares of NASDAQ:HSPO remained flat at $11.25 during midday trading on Monday. 15 shares of the stock traded hands, compared to its average volume of 38,919. Horizon Space Acquisition I has a 1-year low of $10.60 and a 1-year high of $11.25. The company's 50-day moving average price is $11.20 and its 200 day moving average price is $11.08.
Horizon Space Acquisition I Company Profile
(
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.
See Also
Before you consider Horizon Space Acquisition I, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Horizon Space Acquisition I wasn't on the list.
While Horizon Space Acquisition I currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
