Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Decreases By 58.8%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 19,461 shares, a drop of 58.8% from the May 14th total of 47,215 shares. Based on an average daily volume of 74,086 shares, the short-interest ratio is currently 0.3 days.

Spark I Acquisition Trading Up 5.6%

NASDAQ:SPKLW opened at $1.99 on Friday. The company has a fifty day moving average of $0.49 and a 200 day moving average of $0.37. Spark I Acquisition has a 52 week low of $0.16 and a 52 week high of $2.35.

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.