Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Drops By 96.0%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 4 shares, a decline of 96.0% from the May 31st total of 100 shares. Based on an average daily volume of 37 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Horizon Kinetics SPAC Active ETF Trading Down 0.0%

SPAQ stock traded down $0.00 during midday trading on Thursday, reaching $93.66. The company had a trading volume of 12 shares, compared to its average volume of 216. Horizon Kinetics SPAC Active ETF has a 1 year low of $89.43 and a 1 year high of $108.25. The company has a market capitalization of $10.30 million, a P/E ratio of 62.97 and a beta of 0.07. The company has a 50 day moving average of $92.57 and a two-hundred day moving average of $92.86.

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.