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Horizon Space Acquisition I (NASDAQ:HSPO) Trading Down 2% - Should You Sell?

Horizon Space Acquisition I logo with Unclassified background

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report)'s stock price traded down 2% on Tuesday . The company traded as low as $11.97 and last traded at $11.97. 3,904 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 22,902 shares. The stock had previously closed at $12.22.

Horizon Space Acquisition I Stock Down 2.0%

The stock's 50 day moving average is $12.07 and its two-hundred day moving average is $11.80.

Institutional Trading of Horizon Space Acquisition I

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Berkley W R Corp grew its stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 71.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,129 shares of the company's stock after acquiring 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 SEC filing. 69.10% of the stock is owned by institutional investors.

About Horizon Space Acquisition I

(Get Free Report)

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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