Spark I Acquisition Co. (NASDAQ:SPKLW) Short Interest Update

Spark I Acquisition Co. (NASDAQ:SPKLW) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 19,461 shares, a drop of 58.8% from the May 14th total of 47,215 shares. Based on an average daily volume of 74,086 shares, the days-to-cover ratio is presently 0.3 days.

Spark I Acquisition Trading Up 10.6%

Shares of NASDAQ SPKLW traded up $0.20 during midday trading on Friday, reaching $2.08. 439,476 shares of the stock were exchanged, compared to its average volume of 96,641. The business has a 50-day simple moving average of $0.53 and a two-hundred day simple moving average of $0.38. Spark I Acquisition has a 12 month low of $0.16 and a 12 month high of $2.35.

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.