Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Get Free Report) rose 3.4% on Tuesday . The company traded as high as $11.75 and last traded at $11.75. Approximately 16 shares were traded during trading, a decline of 100% from the average daily volume of 37,977 shares. The stock had previously closed at $11.36.
Horizon Space Acquisition I Price Performance
The stock has a fifty day simple moving average of $11.31 and a two-hundred day simple moving average of $11.19.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of HSPO. Westchester Capital Management LLC raised its holdings in 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. Mizuho Securities USA LLC lifted its holdings 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 buying an additional 274,215 shares during the last quarter. Cowen AND Company LLC grew 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. Wolverine Asset Management LLC increased its holdings in shares of Horizon Space Acquisition I by 1.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock valued at $5,910,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Spartan Fund Management Inc. acquired a new stake in shares of Horizon Space Acquisition I during the 2nd quarter valued at approximately $913,000. 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.
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