Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Decreases By 47.9%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,696 shares, a drop of 47.9% from the July 30th total of 3,255 shares. Based on an average trading volume of 14,743 shares, the days-to-cover ratio is presently 0.1 days.

Spark I Acquisition Price Performance

NASDAQ SPKLW opened at $1.22 on Friday. The business has a fifty day moving average price of $1.62 and a 200 day moving average price of $0.90. Spark I Acquisition has a one year low of $0.16 and a one year high of $2.70.

Spark I Acquisition Company Profile

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.