Horizon Space Acquisition I (NASDAQ:HSPO) Trading Up 3.4% – What’s Next?

Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) were up 3.4% on Tuesday . The company traded as high as $11.75 and last traded at $11.75. Approximately 16 shares were traded during trading, a decline of 100% from the average daily volume of 37,977 shares. The stock had previously closed at $11.36.

Horizon Space Acquisition I Stock Up 3.4 %

The business’s 50 day moving average is $11.29 and its 200-day moving average is $11.18.

Institutional Investors Weigh In On Horizon Space Acquisition I

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Cowen AND Company LLC boosted its holdings in Horizon Space Acquisition I by 1.7% in the second quarter. Cowen AND Company LLC now owns 252,422 shares of the company’s stock worth $2,787,000 after purchasing an additional 4,174 shares during the period. Spartan Fund Management Inc. acquired a new position in shares of Horizon Space Acquisition I in the 2nd quarter valued at about $913,000. Wolverine Asset Management LLC grew its position in shares of Horizon Space Acquisition I by 1.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 534,857 shares of the company’s stock valued at $5,910,000 after buying an additional 6,000 shares during the last quarter. Westchester Capital Management LLC raised its stake in Horizon Space Acquisition I by 23.9% during the third quarter. Westchester Capital Management LLC now owns 389,400 shares of the company’s stock worth $4,361,000 after acquiring an additional 75,000 shares during the period. Finally, Mizuho Securities USA LLC lifted its holdings in Horizon Space Acquisition I by 77.9% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the company’s stock worth $6,999,000 after acquiring an additional 274,215 shares during the last quarter. Institutional investors 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.