Horizon Space Acquisition I (NASDAQ:HSPO) Trading Down 0.1% – Here’s What Happened

Shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) were down 0.1% on Friday . The company traded as low as $12.71 and last traded at $12.7990. Approximately 188 shares traded hands during trading, a decline of 84% from the average daily volume of 1,212 shares. The stock had previously closed at $12.81.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Horizon Space Acquisition I in a report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Horizon Space Acquisition I Trading Down 0.1%

The firm has a fifty day moving average price of $12.61 and a 200 day moving average price of $12.32.

Institutional Investors Weigh In On Horizon Space Acquisition I

An institutional investor recently bought a new position in Horizon Space Acquisition I stock. Clear Street Group Inc. acquired a new stake in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,764 shares of the company’s stock, valued at approximately $59,000. Clear Street Group Inc. owned approximately 0.11% of Horizon Space Acquisition I as of its most recent SEC filing. Institutional investors and hedge funds own 69.10% of the company’s stock.

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.