Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Increases By 325.0%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 51 shares, a growth of 325.0% from the April 15th total of 12 shares. Based on an average daily volume of 113 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

Horizon Kinetics SPAC Active ETF Price Performance

SPAQ remained flat at $92.07 during trading on Wednesday. The company’s stock had a trading volume of 105 shares, compared to its average volume of 251. The company has a market capitalization of $10.13 million, a P/E ratio of 62.97 and a beta of 0.07. The firm’s 50 day simple moving average is $91.21 and its 200 day simple moving average is $95.90. Horizon Kinetics SPAC Active ETF has a twelve month low of $89.43 and a twelve month high of $108.25.

About Horizon Kinetics SPAC Active ETF

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.