Spear Alpha ETF (NASDAQ:SPRX) Short Interest Update

Spear Alpha ETF (NASDAQ:SPRX) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 76,200 shares, an increase of 20.0% from the February 13th total of 63,500 shares. Based on an average trading volume of 38,500 shares, the short-interest ratio is currently 2.0 days. Approximately 4.0% of the shares of the stock are short sold.

Spear Alpha ETF Price Performance

NASDAQ SPRX opened at $21.19 on Wednesday. The company’s 50 day simple moving average is $25.96 and its two-hundred day simple moving average is $25.20. The stock has a market capitalization of $40.68 million, a PE ratio of 33.05 and a beta of 1.21. Spear Alpha ETF has a 1 year low of $18.05 and a 1 year high of $30.42.

Spear Alpha ETF Company Profile

The Spear Alpha ETF (SPRX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in global thematic companies it believes will benefit from breakthrough innovations in the industrial and technology space. SPRX was launched on Aug 2, 2021 and is managed by Spear.