Short Interest in Spark I Acquisition Corporation (NASDAQ:SPKL) Decreases By 38.5%

Posted by Stanley Muller on Sep 17th, 2026

Spark I Acquisition Corporation (NASDAQ:SPKL – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 5,531 shares, a decline of 38.5% from the August 15th total of 8,987 shares. Based on an average trading volume of 10,055 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Spark I Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Read Our Latest Research Report on Spark I Acquisition

Spark I Acquisition Stock Performance

SPKL stock traded down $0.01 during midday trading on Thursday, reaching $11.59. The company’s stock had a trading volume of 20,220 shares, compared to its average volume of 43,581. Spark I Acquisition has a 1 year low of $11.04 and a 1 year high of $13.93. The stock has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $11.76.

Hedge Funds Weigh In On Spark I Acquisition

A hedge fund recently bought a new stake in Spark I Acquisition stock. FNY Investment Advisers LLC purchased a new stake in shares of Spark I Acquisition Corporation (NASDAQ:SPKL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 116,031 shares of the company’s stock, valued at approximately $1,456,000. FNY Investment Advisers LLC owned about 1.34% of Spark I Acquisition as of its most recent filing with the Securities & Exchange Commission. 34.90% of the stock is owned by institutional investors.

About Spark I Acquisition

(Get Free Report)

Spark I Acquisition Corp. is a special purpose acquisition company, or SPAC, formed to pursue a business combination with one or more operating companies. Its potential transactions may include a merger, stock exchange, asset acquisition, stock purchase, recapitalization or similar corporate reorganization.

Unlike an operating company, Spark I Acquisition Corp. does not have established products, services or geographic markets of its own. Its activities primarily involve identifying a suitable acquisition target, conducting due diligence and negotiating the terms of a proposed transaction.

The company’s future business and market focus would depend on the target selected for its business combination.