Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Increases By 176.4%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,687 shares, an increase of 176.4% from the August 15th total of 1,696 shares. Based on an average trading volume of 7,876 shares, the days-to-cover ratio is currently 0.6 days.

Spark I Acquisition Stock Performance

Spark I Acquisition stock opened at $1.06 on Friday. Spark I Acquisition has a 12-month low of $0.16 and a 12-month high of $2.70. The firm has a 50-day moving average price of $1.41 and a 200-day moving average price of $0.96.

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.