RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZ) Short Interest Update

RiverNorth Enhanced Pre-Merger SPAC ETF (BATS:SPCZGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 14,709 shares, a growth of 150.3% from the May 14th total of 5,876 shares. Based on an average daily trading volume, of 1,495 shares, the short-interest ratio is presently 9.8 days. Currently, 7.5% of the company’s stock are sold short.

RiverNorth Enhanced Pre-Merger SPAC ETF Stock Down 3.0%

BATS:SPCZ opened at $26.16 on Friday. The stock has a market capitalization of $5.10 million, a price-to-earnings ratio of 58.23 and a beta of -0.02. RiverNorth Enhanced Pre-Merger SPAC ETF has a 52 week low of $24.83 and a 52 week high of $29.01. The firm has a 50 day moving average of $25.80 and a 200 day moving average of $26.15.

RiverNorth Enhanced Pre-Merger SPAC ETF Company Profile

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The RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that holds US-listed, small- and mid-cap pre-combination SPAC securities. SPCZ was launched on Jul 11, 2022 and is managed by RiverNorth.

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