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Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Sees Large Decline in Short Interest

Horizon Space Acquisition I logo with Unclassified background

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 500 shares, a decline of 99.1% from the December 15th total of 56,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Horizon Space Acquisition I

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Westchester Capital Management LLC boosted its stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 23.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 389,400 shares of the company's stock after acquiring an additional 75,000 shares during the quarter. Westchester Capital Management LLC owned about 4.97% of Horizon Space Acquisition I worth $4,361,000 as of its most recent filing with the Securities and Exchange Commission. 69.10% of the stock is currently owned by hedge funds and other institutional investors.

Horizon Space Acquisition I Stock Down 4.0 %

NASDAQ:HSPO traded down $0.48 during trading hours on Monday, reaching $11.42. 1,410 shares of the stock were exchanged, compared to its average volume of 468. The business has a 50-day moving average of $11.38 and a two-hundred day moving average of $11.24. Horizon Space Acquisition I has a twelve month low of $10.75 and a twelve month high of $11.90.

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.

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