Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Expands By 1,252.5%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 47,215 shares, a growth of 1,252.5% from the April 30th total of 3,491 shares. Based on an average daily volume of 101,882 shares, the short-interest ratio is currently 0.5 days.

Spark I Acquisition Price Performance

Shares of NASDAQ SPKLW opened at $1.06 on Thursday. The business’s 50 day moving average price is $0.39 and its two-hundred day moving average price is $0.34. Spark I Acquisition has a twelve month low of $0.16 and a twelve month high of $1.18.

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.