Spark I Acquisition Co. (NASDAQ:SPKLW) Shares Shorted: Short Interest Down 69.6% in September

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,425 shares, a decline of 69.6% from the August 31st total of 4,687 shares. Based on an average daily volume of 9,347 shares, the days-to-cover ratio is currently 0.2 days.

Spark I Acquisition Stock Up 3.0%

SPKLW stock opened at $1.04 on Friday. The company has a 50-day simple moving average of $1.25 and a 200 day simple moving average of $1.01. Spark I Acquisition has a fifty-two week low of $0.16 and a fifty-two week high of $2.70.

About Spark I Acquisition

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.