Spark I Acquisition Co. (NASDAQ:SPKLW) Short Interest Down 41.3% in June

Spark I Acquisition Co. (NASDAQ:SPKLW) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 18,806 shares, a drop of 41.3% from the June 15th total of 32,049 shares. Based on an average daily volume of 136,494 shares, the days-to-cover ratio is currently 0.1 days.

Spark I Acquisition Stock Down 9.0%

Shares of NASDAQ:SPKLW traded down $0.17 on Thursday, reaching $1.72. 38,470 shares of the company’s stock were exchanged, compared to its average volume of 103,163. The business’s 50-day moving average is $1.40 and its two-hundred day moving average is $0.67. Spark I Acquisition has a fifty-two week low of $0.16 and a fifty-two week high of $2.70.

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.