Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Expands By 800.0%

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 900 shares, an increase of 800.0% from the February 28th total of 100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Westchester Capital Management LLC lifted its position in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 23.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 389,400 shares of the company's stock after acquiring an additional 75,000 shares during the period. Westchester Capital Management LLC owned approximately 4.97% of Horizon Space Acquisition I worth $4,361,000 as of its most recent filing with the Securities & Exchange Commission. 69.10% of the stock is owned by institutional investors.

Horizon Space Acquisition I Trading Up 0.5 %

Shares of NASDAQ HSPO traded up $0.06 during trading on Friday, reaching $11.78. The company had a trading volume of 10,619 shares, compared to its average volume of 25,445. Horizon Space Acquisition I has a 12-month low of $10.87 and a 12-month high of $12.41. The business's 50-day moving average is $11.73 and its 200 day moving average is $11.46.

About Horizon Space Acquisition I

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.