Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Increases By 176.4%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,687 shares, an increase of 176.4% from the August 15th total of 1,696 shares. Based on an average trading volume of 7,876 shares, the short-interest ratio is presently 0.6 days.

Spark I Acquisition Price Performance

Shares of NASDAQ SPKLW opened at $1.06 on Friday. Spark I Acquisition has a 1-year low of $0.16 and a 1-year high of $2.70. The business’s 50 day moving average is $1.41 and its two-hundred day moving average is $0.96.

About Spark I Acquisition

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.