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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 500 shares, a decrease of 99.1% from the December 31st total of 56,200 shares. Based on an average trading volume of 18,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Horizon Space Acquisition I Stock Performance

Shares of NASDAQ HSPO traded down $0.03 during trading on Tuesday, hitting $11.73. The stock had a trading volume of 375 shares, compared to its average volume of 3,722. Horizon Space Acquisition I has a 12 month low of $10.76 and a 12 month high of $12.41. The firm has a fifty day moving average of $11.47 and a two-hundred day moving average of $11.28.

Institutional Trading of Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Mizuho Securities USA LLC grew its holdings in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 77.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 626,071 shares of the company’s stock after purchasing an additional 274,215 shares during the quarter. Mizuho Securities USA LLC owned about 8.00% of Horizon Space Acquisition I worth $6,999,000 at the end of the most recent reporting period. Institutional investors own 69.10% of the company’s stock.

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.