Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Grows By 325.0%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 51 shares, an increase of 325.0% from the April 15th total of 12 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 113 shares, the days-to-cover ratio is currently 0.5 days.

Horizon Kinetics SPAC Active ETF Stock Down 0.0%

SPAQ traded down $0.00 during trading hours on Thursday, hitting $92.08. 4 shares of the company’s stock were exchanged, compared to its average volume of 247. The stock has a market cap of $10.13 million, a price-to-earnings ratio of 62.97 and a beta of 0.07. Horizon Kinetics SPAC Active ETF has a 1-year low of $89.43 and a 1-year high of $108.25. The stock’s 50-day moving average is $91.24 and its two-hundred day moving average is $95.71.

Horizon Kinetics SPAC Active ETF Company Profile

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.