Short Interest in Spree Acquisition Corp. 1 Limited (NYSE:SHAP) Increases By 242.9%

Spree Acquisition Corp. 1 Limited (NYSE:SHAPGet Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,400 shares, a growth of 242.9% from the January 15th total of 700 shares. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Spree Acquisition Corp. 1 Price Performance

Spree Acquisition Corp. 1 stock traded up $0.52 during trading hours on Monday, hitting $11.43. The stock had a trading volume of 5,646 shares, compared to its average volume of 35,821. Spree Acquisition Corp. 1 has a one year low of $10.35 and a one year high of $11.55. The business’s 50 day simple moving average is $10.87 and its 200-day simple moving average is $10.85.

Institutional Investors Weigh In On Spree Acquisition Corp. 1

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sea Otter Advisors LLC acquired a new stake in Spree Acquisition Corp. 1 in the first quarter valued at approximately $261,000. Bank of Montreal Can bought a new position in shares of Spree Acquisition Corp. 1 in the second quarter valued at approximately $264,000. Parallax Volatility Advisers L.P. bought a new position in shares of Spree Acquisition Corp. 1 in the third quarter valued at approximately $457,000. K2 Principal Fund L.P. bought a new position in shares of Spree Acquisition Corp. 1 in the second quarter valued at approximately $849,000. Finally, HGC Investment Management Inc. bought a new position in shares of Spree Acquisition Corp. 1 in the first quarter valued at approximately $1,096,000. Institutional investors and hedge funds own 15.64% of the company’s stock.

About Spree Acquisition Corp. 1

(Get Free Report)

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.

See Also

Receive News & Ratings for Spree Acquisition Corp. 1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spree Acquisition Corp. 1 and related companies with MarketBeat.com's FREE daily email newsletter.