Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Update

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 56,200 shares, an increase of 11,140.0% from the November 30th total of 500 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Trading of Horizon Space Acquisition I

Several large investors have recently bought and sold shares of the company. Spartan Fund Management Inc. purchased a new stake in shares of Horizon Space Acquisition I in the 2nd quarter worth about $913,000. Wolverine Asset Management LLC grew its stake in shares of Horizon Space Acquisition I by 1.1% in the 2nd 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 during the last quarter. Cowen AND Company LLC increased its position in 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 buying an additional 4,174 shares in the last quarter. Mizuho Securities USA LLC raised its stake in Horizon Space Acquisition I by 77.9% during the third 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 during the last quarter. Finally, Westchester Capital Management LLC boosted its holdings in Horizon Space Acquisition I by 23.9% in the third quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock worth $4,361,000 after acquiring an additional 75,000 shares in the last quarter. 69.10% of the stock is owned by institutional investors.

Horizon Space Acquisition I Stock Performance

Shares of NASDAQ HSPO opened at $11.45 on Friday. The firm has a fifty day simple moving average of $11.31 and a two-hundred day simple moving average of $11.19. Horizon Space Acquisition I has a 12 month low of $10.70 and a 12 month high of $11.70.

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.