Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Down 99.1% in December

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

Horizon Space Acquisition I Trading Down 4.0 %

Shares of HSPO opened at $11.42 on Monday. Horizon Space Acquisition I has a 52-week low of $10.75 and a 52-week high of $11.90. The business’s fifty day moving average is $11.38 and its 200-day moving average is $11.24.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Westchester Capital Management LLC raised its stake in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 23.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 389,400 shares of the company’s stock after purchasing an additional 75,000 shares during the period. Westchester Capital Management LLC owned 4.97% of Horizon Space Acquisition I worth $4,361,000 as of its most recent SEC filing. 69.10% of the stock is owned by institutional investors and hedge funds.

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.