Spark I Acquisition Corporation (NASDAQ:SPKL) Sees Large Growth in Short Interest

Posted by Geri Gentry on Oct 17th, 2026

Spark I Acquisition Corporation (NASDAQ:SPKL – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 9,023 shares, an increase of 77.3% from the September 15th total of 5,089 shares. Based on an average daily volume of 22,653 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Spark I Acquisition Price Performance

Spark I Acquisition stock remained flat at $11.58 during mid-day trading on Friday. Spark I Acquisition has a 1 year low of $11.04 and a 1 year high of $13.93. The business has a 50 day moving average price of $11.58 and a two-hundred day moving average price of $11.79.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Spark I Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has an average rating of “Sell”.

View Our Latest Stock Analysis on Spark I Acquisition

Hedge Funds Weigh In On Spark I Acquisition

An institutional investor recently bought a new position in Spark I Acquisition stock. FNY Investment Advisers LLC purchased a new position in Spark I Acquisition Corporation (NASDAQ:SPKL – Free Report) during the second quarter, according to its most recent disclosure 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 at the end of the most recent quarter. Institutional investors and hedge funds own 34.90% of the company’s stock.

About Spark I Acquisition

(Get Free Report)

Spark I Acquisition Corporation is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. The company does not operate a commercial business of its own and therefore does not offer products or services to customers.

Its principal activity is evaluating potential merger, acquisition, or similar transactions. Until a transaction is completed, Spark I Acquisition Corporation’s activities generally consist of sourcing and assessing target companies, conducting due diligence, and pursuing the approval and closing requirements associated with a proposed business combination.

The company’s public filings provide limited information about its operating activities, geographic markets, and leadership beyond its role as an acquisition vehicle.