Spacsphere Acquisition Corp. (NASDAQ:SSACU) Stock Short Interest Report for September

Spacsphere Acquisition Corp. (NASDAQ:SSACU) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 36 shares, a drop of 91.3% from the September 15th total of 416 shares. Based on an average daily volume of 1,663 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Spacsphere Acquisition

A hedge fund recently bought a new stake in Spacsphere Acquisition stock. Susquehanna International Group LLP purchased a new position in Spacsphere Acquisition Corp. (NASDAQ:SSACU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 10,241 shares of the company’s stock, valued at approximately $102,000.

Spacsphere Acquisition Stock Up 3.4%

Shares of SSACU stock opened at $10.66 on Friday. The stock has a 50-day simple moving average of $10.37 and a 200 day simple moving average of $10.26. Spacsphere Acquisition has a fifty-two week low of $9.95 and a fifty-two week high of $10.68.

About Spacsphere Acquisition

Spacsphere Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC). The company was formed to raise capital through an initial public offering and pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more operating businesses.

As of the available information, Spacsphere Acquisition Corp. does not have significant operating activities, products or services of its own.