Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Sees Significant Increase in Short Interest

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 11 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 59 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Horizon Kinetics SPAC Active ETF Stock Up 0.1%

Shares of SPAQ stock opened at $94.15 on Friday. Horizon Kinetics SPAC Active ETF has a 12 month low of $89.43 and a 12 month high of $108.25. The business’s 50 day moving average is $93.79 and its two-hundred day moving average is $92.29. The company has a market cap of $10.36 million, a PE ratio of 62.97 and a beta of 0.06.

About Horizon Kinetics SPAC Active ETF

The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.