Spark I Acquisition Co. (NASDAQ:SPKLW) Sees Large Decline in Short Interest

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

Spark I Acquisition Stock Performance

SPKLW traded down $0.17 on Thursday, reaching $1.72. The company had a trading volume of 38,470 shares, compared to its average volume of 103,163. The company has a fifty day moving average of $1.40 and a 200-day moving average of $0.67. Spark I Acquisition has a one year low of $0.16 and a one year high of $2.70.

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About Spark I Acquisition

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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.

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