Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Increases By 325.0%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQGet Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 51 shares, a growth of 325.0% from the April 15th total of 12 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 113 shares, the days-to-cover ratio is presently 0.5 days.

Horizon Kinetics SPAC Active ETF Stock Performance

NASDAQ:SPAQ traded down $0.04 on Friday, reaching $92.08. The company’s stock had a trading volume of 4 shares, compared to its average volume of 247. Horizon Kinetics SPAC Active ETF has a 1-year low of $89.43 and a 1-year high of $108.25. The business’s 50-day moving average price is $91.24 and its two-hundred day moving average price is $95.71. The firm has a market cap of $10.13 million, a PE ratio of 62.97 and a beta of 0.07.

Horizon Kinetics SPAC Active ETF Company Profile

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The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.

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