RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZ) Short Interest Update

RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZ) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,642 shares, a decrease of 82.0% from the May 31st total of 14,709 shares. Based on an average trading volume of 4,356 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.4% of the shares of the company are short sold.

RiverNorth Enhanced Pre-Merger SPAC ETF Stock Performance

Shares of BATS:SPCZ opened at $26.04 on Friday. The stock’s 50-day simple moving average is $25.91 and its two-hundred day simple moving average is $25.97. The stock has a market capitalization of $5.08 million, a price-to-earnings ratio of 58.23 and a beta of -0.02. RiverNorth Enhanced Pre-Merger SPAC ETF has a 52-week low of $24.83 and a 52-week high of $29.01.

RiverNorth Enhanced Pre-Merger SPAC ETF Company Profile

The RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that holds US-listed, small- and mid-cap pre-combination SPAC securities. SPCZ was launched on Jul 11, 2022 and is managed by RiverNorth.