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Aviation firm Flexjet Inc. and special-purpose acquisition company Horizon Acquisition Corp. II said Tuesday they have agreed to a merger that will take Flexjet public at a value of $3.1 billion, a transaction guided by four law firms. ....
Horizon Acquisition Co. II (NYSE:HZON – Get Rating) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 379,300 shares, an increase of 70.4% from the July 31st total of 222,600 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume […] ....
Horizon Acquisition Co. II (NYSE:HZON – Get Rating) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 384,100 shares, an increase of 51.2% from the April 15th total of 254,000 shares. Based on an average daily trading volume, of 172,600 shares, the days-to-cover […] ....
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The improving narrative is supported by stable, positive market dynamics. Don t be surprised to see retail and others getting back into SPACs if the market continues this way. ....