Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Expands By 200.0%

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, an increase of 200.0% from the October 31st total of 200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 19,300 shares, the short-interest ratio is presently 0.0 days.

Horizon Space Acquisition I Price Performance

Horizon Space Acquisition I stock remained flat at $11.32 during midday trading on Wednesday. The company’s stock had a trading volume of 494 shares, compared to its average volume of 36,594. Horizon Space Acquisition I has a 1 year low of $10.64 and a 1 year high of $11.32. The firm’s 50 day moving average is $11.24 and its 200-day moving average is $11.13.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Spartan Fund Management Inc. bought a new position in Horizon Space Acquisition I during the second quarter worth $913,000. Cowen AND Company LLC raised its position in shares of Horizon Space Acquisition I by 1.7% in the 2nd quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock worth $2,787,000 after acquiring an additional 4,174 shares in the last quarter. Westchester Capital Management LLC lifted its stake in shares of Horizon Space Acquisition I by 23.9% in the 3rd quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock valued at $4,361,000 after purchasing an additional 75,000 shares during the period. Wolverine Asset Management LLC grew its stake in Horizon Space Acquisition I by 1.1% during 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 during the period. Finally, Mizuho Securities USA LLC increased its holdings in Horizon Space Acquisition I by 77.9% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock worth $6,999,000 after purchasing an additional 274,215 shares in the last quarter. Institutional investors and hedge funds own 69.10% of the company’s stock.

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.