Horizon Space Acquisition I Corp. (NASDAQ:HSPO) Short Interest Down 99.1% in December

Horizon Space Acquisition I Corp. (NASDAQ:HSPO) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 500 shares, a decline of 99.1% from the December 15th total of 56,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 0.0 days.

Horizon Space Acquisition I Stock Performance

Shares of NASDAQ:HSPO remained flat at $11.42 during trading on Wednesday. The company’s 50-day moving average price is $11.39 and its 200-day moving average price is $11.24. Horizon Space Acquisition I has a 12-month low of $10.75 and a 12-month high of $11.90.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Mizuho Securities USA LLC lifted its holdings in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) by 77.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 626,071 shares of the company’s stock after acquiring an additional 274,215 shares during the quarter. Mizuho Securities USA LLC owned about 8.00% of Horizon Space Acquisition I worth $6,999,000 as of its most recent filing with the Securities and Exchange Commission. 69.10% of the stock is owned by hedge funds and other institutional investors.

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.