Short Interest in Spark I Acquisition Co. (NASDAQ:SPKLW) Decreases By 42.5%

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 730 shares, a decline of 42.5% from the November 30th total of 1,270 shares. Based on an average daily volume of 8,415 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 8,415 shares, the short-interest ratio is presently 0.1 days.

Spark I Acquisition Trading Up 7.2%

SPKLW traded up $0.02 on Monday, reaching $0.30. The company’s stock had a trading volume of 19,804 shares, compared to its average volume of 31,691. Spark I Acquisition has a 1 year low of $0.10 and a 1 year high of $0.70. The business’s 50 day moving average is $0.38 and its 200 day moving average is $0.33.

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.