Spear Alpha ETF (NASDAQ:SPRX) Sees Large Growth in Short Interest

Spear Alpha ETF (NASDAQ:SPRXGet Rating) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 23,100 shares, an increase of 371.4% from the April 30th total of 4,900 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is currently 6.6 days.

Spear Alpha ETF Stock Up 4.5 %

SPRX stock traded up $0.74 during midday trading on Friday, hitting $17.41. The company’s stock had a trading volume of 15,176 shares, compared to its average volume of 2,726. The stock’s 50-day moving average price is $14.70 and its 200 day moving average price is $13.80. Spear Alpha ETF has a 1 year low of $11.45 and a 1 year high of $17.56.

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