Short Interest in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Drops By 50.0%

Key Points

• Horizon Space Acquisition I Corp. (NASDAQ:HSPO) reported a 50% decrease in short interest from June to July, with just 100 shares short sold, indicating low bearish sentiment.
• The company's stock price remained flat at $12.05, with a volume of 401 shares traded, notably under its average volume of 553 shares.
• Berkley W R Corp increased its stake in Horizon Space Acquisition by 71.9% in the 4th quarter, now holding approximately 2.62% of the company valued at $2,338,000.

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 100 shares, adecreaseof50.0% from the June 30th total of 200 shares. Approximately0.0% of the shares of the company are short sold. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 0.0 days. Approximately0.0% of the shares of the company are short sold.

Institutional Trading of Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Berkley W R Corp grew its holdings in Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 71.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 205,129 shares of the company's stock after purchasing an additional 85,813 shares during the quarter. Berkley W R Corp owned about 2.62% of Horizon Space Acquisition I worth $2,338,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 69.10% of the company's stock.

Horizon Space Acquisition I Trading Down 0.3%

Shares of NASDAQ:HSPO traded down $0.04 on Friday, hitting $12.13. The company's stock had a trading volume of 1,399 shares, compared to its average volume of 255. Horizon Space Acquisition I has a 12 month low of $11.08 and a 12 month high of $15.12. The stock's 50-day moving average is $12.22 and its two-hundred day moving average is $11.96.

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.