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

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) was the target of a significant growth in short interest during the month of 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. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 113 shares, the days-to-cover ratio is presently 0.5 days.

Horizon Kinetics SPAC Active ETF Stock Performance

NASDAQ SPAQ remained flat at $92.07 during trading hours on Wednesday. The company had a trading volume of 105 shares, compared to its average volume of 251. Horizon Kinetics SPAC Active ETF has a 52 week low of $89.43 and a 52 week high of $108.25. The stock has a 50 day moving average price of $91.21 and a 200 day moving average price of $95.90. The company has a market capitalization of $10.13 million, a P/E ratio of 62.97 and a beta of 0.07.

Horizon Kinetics SPAC Active ETF Company Profile

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.