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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 500 shares, a decrease of 44.4% from the March 15th total of 900 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Berkley W R Corp increased its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 71.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205,129 shares of the company’s stock after purchasing an additional 85,813 shares during the quarter. Berkley W R Corp owned 2.62% of Horizon Space Acquisition I worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission. 69.10% of the stock is currently owned by institutional investors.

Horizon Space Acquisition I Stock Up 2.4 %

Shares of Horizon Space Acquisition I stock opened at $12.40 on Wednesday. Horizon Space Acquisition I has a twelve month low of $10.87 and a twelve month high of $12.41. The company has a fifty day moving average price of $11.79 and a 200 day moving average price of $11.54.

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.