Horizon Space Acquisition I (NASDAQ:HSPO) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• Horizon Space Acquisition I's stock has been reassured with a "hold (C-)" rating by Weiss Ratings, indicating a cautious outlook for investors.
• The stock is currently trading at $12.30, down 0.2%, with a 52-week range between $11.20 and $15.12.
• Institutional ownership stands at 69.10%, with Clear Street LLC recently increasing its stake by 138.1%.

Horizon Space Acquisition I (NASDAQ:HSPO - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Horizon Space Acquisition I Stock Down 0.2%

NASDAQ HSPO opened at $12.30 on Wednesday. Horizon Space Acquisition I has a 52 week low of $11.20 and a 52 week high of $15.12. The company has a 50-day moving average price of $12.24 and a 200-day moving average price of $12.14.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Clear Street LLC lifted its stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 138.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,864 shares of the company's stock after acquiring an additional 2,821 shares during the quarter. Clear Street LLC owned approximately 0.12% of Horizon Space Acquisition I worth $58,000 at the end of the most recent reporting period. 69.10% of the stock is currently owned by institutional investors.

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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