Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Down 93.3% in October

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 200 shares, a drop of 93.3% from the October 15th total of 3,000 shares. Based on an average trading volume of 16,600 shares, the days-to-cover ratio is currently 0.0 days.

Horizon Space Acquisition I Price Performance

Shares of Horizon Space Acquisition I stock remained flat at $11.27 during trading on Tuesday. The stock had a trading volume of 3,904 shares, compared to its average volume of 37,346. Horizon Space Acquisition I has a 52-week low of $10.63 and a 52-week high of $11.28. The company has a fifty day moving average price of $11.22 and a 200-day moving average price of $11.10.

Institutional Trading of Horizon Space Acquisition I

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HSPO. Mizuho Securities USA LLC lifted its position in Horizon Space Acquisition I by 77.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock worth $6,999,000 after acquiring an additional 274,215 shares during the period. Spartan Fund Management Inc. purchased a new position in shares of Horizon Space Acquisition I during the 2nd quarter valued at about $913,000. K2 Principal Fund L.P. purchased a new position in shares of Horizon Space Acquisition I during the 1st quarter valued at about $816,000. Wolverine Asset Management LLC raised its stake in shares of Horizon Space Acquisition I by 1.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock valued at $5,910,000 after buying an additional 6,000 shares during the last quarter. Finally, Cowen AND Company LLC increased its stake 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 valued at $2,787,000 after purchasing an additional 4,174 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.