Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 900 shares, a growth of 800.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On Horizon Space Acquisition I
A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Westchester Capital Management LLC increased its position in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Free Report) by 23.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 389,400 shares of the company’s stock after buying an additional 75,000 shares during the quarter. Westchester Capital Management LLC owned about 4.97% of Horizon Space Acquisition I worth $4,361,000 at the end of the most recent reporting period. 69.10% of the stock is owned by institutional investors.
Horizon Space Acquisition I Trading Up 0.5 %
Shares of HSPO stock traded up $0.06 on Thursday, hitting $11.78. 10,619 shares of the stock traded hands, compared to its average volume of 24,992. Horizon Space Acquisition I has a twelve month low of $10.86 and a twelve month high of $12.41. The firm’s 50-day moving average price is $11.72 and its two-hundred day moving average price is $11.45.
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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