Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Short Interest Down 96.0% in June

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a drop of 96.0% from the May 31st total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 37 shares, the days-to-cover ratio is currently 0.1 days.

Horizon Kinetics SPAC Active ETF Price Performance

NASDAQ:SPAQ traded down $0.05 during mid-day trading on Friday, reaching $93.74. 12 shares of the company’s stock traded hands, compared to its average volume of 215. Horizon Kinetics SPAC Active ETF has a 12-month low of $89.43 and a 12-month high of $108.25. The firm has a market capitalization of $10.31 million, a price-to-earnings ratio of 62.97 and a beta of 0.07. The company has a 50 day moving average price of $92.63 and a 200-day moving average price of $92.86.

Horizon Kinetics SPAC Active ETF Company Profile

The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.