Spark I Acquisition Co. (NASDAQ:SPKLW) Short Interest Down 41.3% in June

Spark I Acquisition Co. (NASDAQ:SPKLW) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 18,806 shares, a decrease of 41.3% from the June 15th total of 32,049 shares. Based on an average trading volume of 136,494 shares, the days-to-cover ratio is presently 0.1 days.

Spark I Acquisition Stock Down 2.9%

SPKLW stock traded down $0.05 during trading on Friday, reaching $1.55. The stock had a trading volume of 34,580 shares, compared to its average volume of 102,591. The stock’s 50 day moving average is $1.45 and its two-hundred day moving average is $0.69. Spark I Acquisition has a 52 week low of $0.16 and a 52 week high of $2.70.

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.