Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Up 450.0% in January

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 2,200 shares, a growth of 450.0% from the January 15th total of 400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Horizon Space Acquisition I

A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Mizuho Securities USA LLC increased its position in Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 77.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 626,071 shares of the company’s stock after purchasing an additional 274,215 shares during the period. Mizuho Securities USA LLC owned approximately 8.00% of Horizon Space Acquisition I worth $6,999,000 at the end of the most recent quarter. 69.10% of the stock is currently owned by hedge funds and other institutional investors.

Horizon Space Acquisition I Stock Performance

NASDAQ HSPO opened at $11.70 on Thursday. The business has a fifty day moving average price of $11.57 and a two-hundred day moving average price of $11.34. Horizon Space Acquisition I has a fifty-two week low of $10.80 and a fifty-two week high of $12.41.

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.