Spark I Acquisition Co. (NASDAQ:SPKLW) Sees Significant Growth in Short Interest

Spark I Acquisition Co. (NASDAQ:SPKLW) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, an increase of 100.0% from the March 31st total of 1,100 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 0.4 days.

Spark I Acquisition Stock Performance

Shares of Spark I Acquisition stock remained flat at $0.16 during trading on Friday. 15 shares of the stock traded hands, compared to its average volume of 12,206. The stock’s 50-day moving average is $0.16. Spark I Acquisition has a 1-year low of $0.10 and a 1-year high of $0.38.

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.