Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Update

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 - ) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the June 30th total of 200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.0 days.

Horizon Space Acquisition I Stock Performance

NASDAQ HSPO remained flat at $12.05 on Tuesday. The company's stock had a trading volume of 401 shares, compared to its average volume of 553. Horizon Space Acquisition I has a 1-year low of $11.08 and a 1-year high of $15.12. The stock's 50 day simple moving average is $12.22 and its two-hundred day simple moving average is $11.95.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Berkley W R Corp raised its holdings in Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 71.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,129 shares of the company's stock after buying an additional 85,813 shares during the period. Berkley W R Corp owned approximately 2.62% of Horizon Space Acquisition I worth $2,338,000 as of its most recent SEC filing. Institutional investors and hedge funds own 69.10% of the company's stock.

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.

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