Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLU) Declines By 41.7%

Spark I Acquisition Co. (NASDAQ:SPKLU) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, a decline of 41.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Spark I Acquisition Price Performance

Spark I Acquisition stock remained flat at $10.55 during mid-day trading on Thursday. 401 shares of the company’s stock traded hands, compared to its average volume of 9,927. Spark I Acquisition has a one year low of $10.13 and a one year high of $13.35. The business has a 50-day moving average of $10.57 and a two-hundred day moving average of $10.55.

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.