SPACSphere Acquisition Corp. (NASDAQ:SSAC) Short Interest Down 41.2% in August

Posted by Brian Himes on Sep 1st, 2026

SPACSphere Acquisition Corp. (NASDAQ:SSAC – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 24,401 shares, a drop of 41.2% from the July 30th total of 41,521 shares. Based on an average trading volume of 34,543 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

SPACSphere Acquisition Price Performance

Shares of NASDAQ SSAC traded down $0.01 on Tuesday, hitting $10.09. The company’s stock had a trading volume of 14,585 shares, compared to its average volume of 121,832. The company has a 50 day simple moving average of $10.03. SPACSphere Acquisition has a 12-month low of $9.85 and a 12-month high of $10.10.

Hedge Funds Weigh In On SPACSphere Acquisition

An institutional investor recently bought a new position in SPACSphere Acquisition stock. Lineage Point Capital LP acquired a new stake in SPACSphere Acquisition Corp. (NASDAQ:SSAC – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 763,000 shares of the company’s stock, valued at approximately $7,615,000. SPACSphere Acquisition makes up 1.6% of Lineage Point Capital LP’s portfolio, making the stock its 7th biggest position. Lineage Point Capital LP owned about 4.17% of SPACSphere Acquisition at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of SPACSphere Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Read Our Latest Report on SSAC