Horizon Space Acquisition I (NASDAQ:HSPO) Trading Up 0.3%

Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) were up 0.3% on Wednesday . The stock traded as high as $11.06 and last traded at $11.06. Approximately 101,847 shares were traded during mid-day trading, an increase of 168% from the average daily volume of 38,020 shares. The stock had previously closed at $11.03.

Horizon Space Acquisition I Price Performance

The firm has a 50 day simple moving average of $10.99 and a two-hundred day simple moving average of $10.89.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of HSPO. Wolverine Asset Management LLC grew its stake in shares of Horizon Space Acquisition I by 53.9% in the 4th quarter. Wolverine Asset Management LLC now owns 528,857 shares of the company’s stock valued at $5,675,000 after purchasing an additional 185,300 shares during the last quarter. Cohanzick Management LLC purchased a new stake in shares of Horizon Space Acquisition I in the fourth quarter valued at approximately $2,265,000. Glazer Capital LLC boosted its stake in shares of Horizon Space Acquisition I by 11.2% in the fourth quarter. Glazer Capital LLC now owns 382,709 shares of the company’s stock valued at $4,106,000 after buying an additional 38,653 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Horizon Space Acquisition I in the first quarter valued at approximately $816,000. 69.10% of the stock is currently owned by hedge funds and other 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.