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

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

Spark I Acquisition Price Performance

Spark I Acquisition stock remained flat at $0.16 during mid-day trading on Friday. The company’s stock had a trading volume of 15 shares, compared to its average volume of 12,206. The company has a fifty day moving average of $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.