Spartan Fund Management Inc. Sells 50,000 Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO)

Spartan Fund Management Inc. lessened its stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 60.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,833 shares of the company’s stock after selling 50,000 shares during the quarter. Horizon Space Acquisition I comprises approximately 1.1% of Spartan Fund Management Inc.’s holdings, making the stock its 26th largest position. Spartan Fund Management Inc. owned about 0.38% of Horizon Space Acquisition I worth $368,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HSPO. Cowen AND Company LLC boosted 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 purchasing an additional 4,174 shares during the period. Wolverine Asset Management LLC raised its position in Horizon Space Acquisition I by 1.1% in the second 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 stake in Horizon Space Acquisition I during the first quarter valued at approximately $816,000. Institutional investors and hedge funds own 69.10% of the company’s stock.

Horizon Space Acquisition I Trading Up 0.4 %

Shares of HSPO traded up $0.04 during mid-day trading on Tuesday, reaching $11.24. The company had a trading volume of 210 shares, compared to its average volume of 38,919. The company’s 50-day moving average is $11.19 and its 200-day moving average is $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 Company 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.