Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Drops By 81.0%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 3,564 shares, a decline of 81.0% from the June 30th total of 18,806 shares. Based on an average trading volume of 55,126 shares, the short-interest ratio is currently 0.1 days.

Spark I Acquisition Stock Performance

Shares of SPKLW traded down $0.14 during mid-day trading on Monday, hitting $1.51. 29,040 shares of the company traded hands, compared to its average volume of 97,727. The business has a 50 day moving average of $1.56 and a 200 day moving average of $0.74. Spark I Acquisition has a 1-year low of $0.16 and a 1-year high of $2.70.

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.