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

Posted by Renee Jackson on Feb 28th, 2025

Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Get Free Report) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 95.5% from the January 31st total of 2,200 shares. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is currently 0.0 days.

Horizon Space Acquisition I Stock Performance

Shares of HSPO opened at $11.63 on Friday. Horizon Space Acquisition I has a 12-month low of $10.80 and a 12-month high of $12.41. The company has a 50-day moving average of $11.64 and a two-hundred day moving average of $11.38.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HSPO. Berkley W R Corp grew its holdings in Horizon Space Acquisition I by 71.9% during the 4th quarter. Berkley W R Corp now owns 205,129 shares of the company’s stock valued at $2,338,000 after buying an additional 85,813 shares during the last quarter. Westchester Capital Management LLC lifted its position in shares of 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 valued at $4,361,000 after acquiring an additional 75,000 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in shares of 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 acquiring an additional 274,215 shares during the last quarter. 69.10% of the stock is owned by hedge funds and other institutional investors.

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.