Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLU) Drops By 41.7%

Spark I Acquisition Co. (NASDAQ:SPKLU) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, a decline of 41.7% from the October 31st total of 1,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 0.4 days.

Spark I Acquisition Stock Performance

Shares of NASDAQ:SPKLU traded up $1.16 during midday trading on Friday, reaching $11.71. The company’s stock had a trading volume of 276 shares, compared to its average volume of 9,776. The business’s fifty day simple moving average is $10.60 and its 200-day simple moving average is $10.56. Spark I Acquisition has a fifty-two week low of $10.13 and a fifty-two week high of $13.35.

Spark I Acquisition Company Profile

Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.