Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Rises By 141.2%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 123 shares, a growth of 141.2% from the April 30th total of 51 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 343 shares, the short-interest ratio is presently 0.4 days.

Horizon Kinetics SPAC Active ETF Stock Up 0.1%

Shares of SPAQ stock traded up $0.10 on Friday, hitting $93.03. The company had a trading volume of 10 shares, compared to its average volume of 232. The firm has a market cap of $10.23 million, a P/E ratio of 62.97 and a beta of 0.07. The company has a 50-day moving average price of $91.52 and a 200-day moving average price of $94.72. Horizon Kinetics SPAC Active ETF has a twelve month low of $89.43 and a twelve month high of $108.25.

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.