Spark I Acquisition Co. (NASDAQ:SPKLW) Short Interest Up 176.4% in August

Spark I Acquisition Co. (NASDAQ:SPKLW) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,687 shares, an increase of 176.4% from the August 15th total of 1,696 shares. Based on an average daily volume of 7,876 shares, the days-to-cover ratio is currently 0.6 days.

Spark I Acquisition Stock Performance

NASDAQ:SPKLW opened at $0.97 on Tuesday. Spark I Acquisition has a 52-week low of $0.16 and a 52-week high of $2.70. The stock’s 50 day moving average price is $1.39 and its 200 day moving average price is $0.97.

About Spark I Acquisition

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.