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

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 500 shares, a drop 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 currently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Institutional Trading of Horizon Space Acquisition I

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Berkley W R Corp boosted its position in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 71.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,129 shares of the company's stock after purchasing an additional 85,813 shares during the period. Berkley W R Corp owned about 2.62% of Horizon Space Acquisition I worth $2,338,000 at the end of the most recent reporting period. 69.10% of the stock is currently owned by hedge funds and other institutional investors.

Horizon Space Acquisition I Stock Down 1.7 %

Horizon Space Acquisition I stock traded down $0.20 during midday trading on Monday, hitting $11.79. 113 shares of the stock were exchanged, compared to its average volume of 24,282. The company has a fifty day simple moving average of $11.79 and a two-hundred day simple moving average of $11.55. Horizon Space Acquisition I has a 52 week low of $10.87 and a 52 week high of $12.47.

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.