Spartan Fund Management Inc. Cuts Holdings in Horizon Space Acquisition I Corp. (NASDAQ:HSPO)

Spartan Fund Management Inc. trimmed its holdings in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 60.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,833 shares of the company's stock after selling 50,000 shares during the period. Horizon Space Acquisition I comprises approximately 1.1% of Spartan Fund Management Inc.'s holdings, making the stock its 26th biggest holding. Spartan Fund Management Inc. owned 0.38% of Horizon Space Acquisition I worth $368,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of HSPO. 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 in the last quarter. Wolverine Asset Management LLC increased its position 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 worth $5,910,000 after purchasing an additional 6,000 shares in the last quarter. Finally, K2 Principal Fund L.P. acquired a new position in Horizon Space Acquisition I in the 1st quarter valued at about $816,000. 69.10% of the stock is currently owned by institutional investors and hedge funds.

Horizon Space Acquisition I Price Performance

Shares of Horizon Space Acquisition I stock traded up $0.05 during mid-day trading on Tuesday, hitting $11.25. 210 shares of the stock were exchanged, compared to its average volume of 38,919. The company has a 50-day simple moving average of $11.19 and a 200 day simple moving average of $11.07. Horizon Space Acquisition I Corp. has a twelve month low of $10.60 and a twelve month high of $11.25.

Horizon Space Acquisition I 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.